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Panama Petrochem - Quaterly Results

09 Feb 2023 Evaluate
A decent increase of about 26.37% in the sales to Rs. 4337.30 millions was observed for the quarter ended December 2022. The sales figure stood at Rs. 3432.30 millions during the year-ago period.The Company has registered profit of Rs. 399.10  millions for the quarter ended December 2022, a growth of 6.20%  over Rs. 375.80 millions millions achieved in the corresponding quarter of last year.Operating profit surged to 577.60 millions from the corresponding previous quarter of 507.50 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 4337.30 3432.30 26.37 13324.00 11935.60 11.63 15395.56 12022.69 28.05
Other Income 10.60 36.60 -71.04 34.30 70.80 -51.55 55.52 67.16 -17.33
PBIDT 577.60 507.50 13.81 2070.50 1837.80 12.66 2369.98 1783.47 32.89
Interest 26.50 10.10 162.38 64.20 33.70 90.50 42.38 57.98 -26.91
PBDT 551.10 497.40 10.80 2006.30 1804.10 11.21 2327.60 1725.49 34.90
Depreciation 15.70 13.80 13.77 45.80 40.50 13.09 54.38 49.56 9.73
PBT 535.40 483.60 10.71 1960.50 1763.60 11.16 2273.22 1675.93 35.64
TAX 136.30 107.80 26.44 498.20 434.40 14.69 559.23 441.59 26.64
Deferred Tax 3.30 -11.20 -129.46 10.40 -10.10 -202.97 -14.84 20.42 -172.67
PAT 399.10 375.80 6.20 1462.30 1329.20 10.01 1713.99 1234.34 38.86
Equity 121.00 121.00 0.00 121.00 121.00 0.00 120.99 120.99 0.00
PBIDTM(%) 13.32 14.79 -9.94 15.54 15.40 0.92 15.39 14.83 3.77
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