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Investor Presentaiton

ANNUAL REPORT 2018-2019 40 ANNUAL REPORT 2018-2019 2nd Quarter ended 31 December 2018 Particulars 3rd Quarter ended 31 March 2019 October-December October-December 2018 (Taka) 2017 (Taka) Difference in % Particulars Revenue (Taka) 1,423,863,252 2,493,329,869 42.89% Revenue (Taka) January-March 2019 1,388,226,192 January-March 2018 2,865,247,439 Difference in % 51.55% Earnings Per Share (Taka) 0.90 1.32 31.82% Earnings Per Share (Taka) 0.81 1.35 40% Gross Profit Margin 30.16% 23.02% 31.02% Gross Profit Margin 28.99% 17.17% 68.84% Net Profit Margin 25.03% 19.15% 30.70% Net Profit Margin 23.11% 17.02% 35.84% Other Income (Taka) 285,000 1,904,467 85.04% Other Income (Taka) 590,000 340,989 73.03% Exchange Loss (Taka) 24,091,502 43,586,920 44.73% Finance Income (Taka) 47,006,408 81,885,026 42.59% Finance Cost (Taka) 74,584,100 49,862,742 Income Tax Expense (Taka) 55,000,000 49.58% 100% Exchange Loss (Taka) Finance Income (Taka) 30,148,817 41,761,252 172.19% 21,198,981 54,414,797 61.04% Revenue In the 2nd quarter ended on 31 December 2018 revenue decreased by 42.89% due to KPCL's 110 MW power plant is not in operation from 13th October 2018. EPS (Earnings Per Share) During the period October-December 2018 EPS has decreased by 31.82 % from Tk. 1.32 to Tk. 0.90 mainly due to KPCL's 110 MW power plant is not in operation from 13th October 2018 and increase in share capital for issuing bonus share in the previous year has also contributed to the lower EPS. Gross Profit Margin During October-December quarter of 2018 gross profit margin increased to 30.16% compare to 23.02% of the same quarter of previous year due to decrease in operation and maintenance cost of KPCL's 110 MW power plant which is not in operation from 13th October 2018. Net Profit Margin Net profit margin also rose by 30.70% in the 2nd quarter ended on 31 December 2018 as operation and maintenance cost decreased due to KPCL's 110 MW power plant is not in operation from 13th October 2018. Other Income Other income decreased substantially by 85.04% from Tk. 1,904,467 of the 2nd quarter period ended 31 December 2017 to Tk. 285,000 of the same quarter of 2018 owing to decline in sales of scrap. Exchange Loss Favorable exchange rate reduced the exchange loss by 44.73% during 2nd quarter of the year 2018-2019. Finance Income Lower investment in FDR dropped the finance income by 42.59% during the quarter ended on 31 December 2018. Finance Cost As the 180 days UPAS L/C loan revolved in the quarter October-December 2018 finance cost rose up by 49.58%. Income Tax Expense Income tax expenses are recognized on the basis of taxable revenue. As taxable unit revenue decreased, income tax expenses also reduced substantially during the 2nd quarter of the year 2018-2019. Revenue In the 3rd quarter ended on 31 March 2019 revenue decreased by 51.55% due to KPCL's 110 MW power plant is not in operation from 13th October 2018. EPS (Earnings Per Share) During the period January-March 2019 EPS has decreased by 40% from Tk. 1.35 to Tk. 0.81 due to KPCL's 110 MW power plant is not in operation from 13th October 2018 and increase in share capital for issuing bonus share in the previous year has also contributed to the lower EPS. Gross Profit Margin During January-March 2019 gross profit margin increased to 28.99% compare to 17.17% of the same quarter of previous year representing a increase by 68.84% due to decrease in operation and maintenance cost of KPCL's 110 MW power plant which is not in operation from 13th October 2018. Net Profit Margin Net profit margin also rose by 35.84% in the 3rd quarter ended on 31 March 2019 as operation and maintenance cost decreased due to KPCL's 110 MW power plant is not in operation from 13th October 2018. Other Income Other income increased by 73.03% from Tk. 340,989 of the 3rd quarter period ended 31 March 2018 to Tk. 590,000 of the same quarter of 2019 owing to higher sales volume of scrap. Exchange Loss Unfavorable exchange rate in settling the UPAS L/C borrowing increased the exchange loss by 172.19% during 3rd quarter of the year 2018-2019. Finance Income Lower investment in FDR dropped the finance income by 61.04% during the quarter ended on 31 March 2019. Income Tax Expense Income tax expenses are recognized on the basis of taxable revenue. As taxable unit revenue decreased, income tax expenses also reduced substantially during the 3rd quarter of the year 2018-2019. 41
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