SKNL’s Q2 net profit down 86.54%

SKNL has announced its financial results for the period ended September 30, 2012

with net profit/loss of Rs 114.9 million for the quarter as compared to Rs 853.6 million for the quarter ended September 30, 2011, representing a decrease of 86.54 per cent. Total income was at Rs 15,034.7 million for the quarter ended September 30, 2012 whereas the same was at Rs 15,337.1 million for the quarter ended September 30, 2011, representing a decrease of 1.97 per cent.

The company has reported an EPS of Rs 0.39 for the quarter ended September 30, 2012 as compared to Rs 2.94 for the quarter ended September 30, 2011. SKNL has posted a net profit /(loss) of Rs 760.2 million for the six months period ended September 30, 2012 as compared to Rs 1,733.0 million for the six months period ended September 30, 2011, representing a decrease of 56.13 per cent.

Total income was at Rs 31, 205.8 million for the six months period ended September 30, 2012 whereas the same was at Rs 29, 912.0 million for the six months period ended September 30, 2011, representing an increase of 4.33 per cent. It has reported an EPS of Rs 2.54 for the six months period ended September 30, 2012 as compared to Rs 5.96 for the six months period ended September 30, 2011.