Page 217 - InterloopAnnualReport2020
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CONSOLIDATED STATEMENT OF
PROFIT OR LOSS
For the year ended June 30, 2020
2020 2019
Note (Rupees ‘000) (Rupees ‘000)
Sales - net 34 36,797,159 37,511,062
Cost of sales 35 (29,223,185) (25,643,715)
Gross profit 7,573,974 11,867,347
Operating expenses
Distribution cost 36 (2,065,448) (2,794,393)
Administrative expenses 37 (2,321,879) (2,028,640)
Other operating expenses 38 (514,467) (714,202)
(4,901,794) (5,537,235)
Other income 39 99,001 14,444
Profit from operations 2,771,181 6,344,556
Finance cost 40 (1,200,783) (999,260)
Share of loss from associate 11.1 (119,964) (58,485)
Profit before taxation 1,450,434 5,286,811
Taxation 41 (324,507) (226,260)
Profit for the year 1,125,927 5,060,551
Attributable to:
Shareholders of parent company 1,125,927 5,060,551
Non- controlling interest – –
1,125,927 5,060,551
Earnings per share - basic and diluted (Rupees) 42 1.29 6.50
The annexed notes 1 to 56 form an integral part of these consolidated financial statements.
Chief Executive Officer Director Chief Financial Officer
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