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Suncity Synthetics - Quaterly Results

14 May 2022 Evaluate
The revenue slipped marginally during the March 2022 quarter. A decline of about Rs. 18.72 millions was observed as compared to Rs. 19.15 millions during the corresponding quarter last year.The Net Profit of the company slipped to Rs. 4.06 millions from Rs. 11.89 millions, a decline of -65.85% on QoQ basis.Operating Profit reported a sharp decline to 0.70 millions from 2.15 millions in the corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 18.72 19.15 -2.25 76.33 46.78 63.17 76.33 46.78 63.17
Other Income 0.07 0.13 -46.15 0.08 0.13 -38.46 0.08 0.13 -38.46
PBIDT 0.70 2.15 -67.44 9.09 -30.09 -130.21 9.09 -30.09 -130.21
Interest 1.35 1.52 -11.18 5.36 8.23 -34.87 5.36 8.23 -34.87
PBDT 4.77 14.06 -66.07 9.13 -24.89 -136.68 9.13 -24.89 -136.68
Depreciation 1.78 3.78 -52.91 7.41 15.49 -52.16 7.41 15.49 -52.16
PBT 2.99 10.28 -70.91 1.72 -40.38 -104.26 1.72 -40.38 -104.26
TAX -1.07 -1.61 -33.54 0.00 -1.60 0.00 0.00 -1.60 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 4.06 11.89 -65.85 1.72 -38.78 -104.44 1.72 -38.78 -104.44
Equity 49.46 49.46 0.00 49.46 49.46 0.00 49.46 49.46 0.00
PBIDTM(%) 3.74 11.23 -66.69 11.91 -64.32 -118.51 11.91 -64.32 -118.51
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