Cordoba Logistics & Ventures : Financial Results for the Quarter Ended March 2024
April 28, 2024 at 11:13 pm
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Cordoba Logistics & Ventures Limited
Unconsolidated Condensed Interim Statement of Profit or Loss
And Other Comprehensive Income (Unaudited)
For the Nine months ended March 31, 2024
Nine months ended
Quarter ended
March 31,
March 31,
Note
2024
2023
2024
2023
(-------Rupees-------)
Revenue
14
32,758,995
37,021,364
9,619,815
19,577,014
Direct cost
15
(10,606,033)
(11,601,257)
(2,985,544)
(5,685,622)
Gross profit
22,152,962
25,420,107
6,634,272
13,891,392
Administrative expenses
(9,667,014)
(12,219,108)
(1,832,565)
(1,538,068)
Operating profit
12,485,948
13,200,999
4,801,707
12,353,324
Income on disposal of long term investment
-
5,000,000
-
-
Other income
16
17,439,943
5,371,398
6,628,106
538,150
Finance cost
17
(13,833,460)
(2,838)
(4,560,388)
-
Profit before taxation
16,092,430
23,569,559
6,869,424
12,891,474
Taxation
18
(1,940,064)
(4,255,825)
(3,697,650)
(2,191,551)
Profit after taxation
14,152,366
19,313,734
3,171,774
10,699,923
Other comprehensive income
-
-
-
-
Total comprehensive income
14,152,366
19,313,734
3,171,774
10,699,923
Earning per share - Basic & diluted (Rs.)
0.20
0.27
0.04
0.15
The annexed notes form an integral part of these unconsolidated condensed interim financial statements.
Chief Executive Officer
Chief Financial Officer
Director
Cordoba Logistics & Ventures Limited
Consolidated Condensed Interim Statement of Profit or Loss
And Other Comprehensive Income (Unaudited)
For the Nine months ended March 31, 2024
Nine months ended
Quarter ended
March 31,
March 31,
2024
2023
2024
2023
Note
(-------Rupees-------)
Revenue
13
258,133,151
37,021,364
93,026,005
19,577,014
Direct cost
14
(106,619,482)
(11,601,257)
(38,307,385)
(5,685,622)
Gross profit
151,513,669
25,420,107
54,718,621
13,891,392
Administrative expenses
(14,229,814)
(12,219,108)
(4,600,490)
(1,538,068)
Operating profit
137,283,855
13,200,999
50,118,131
12,353,324
Share of profit/(loss) from associate
(1,513,922)
-
(1,239,341)
-
Income on disposal of long term investment
-
5,000,000
-
-
Other income
15
5,681,734
5,371,398
2,461,101
538,150
Finance cost
16
(66,657,085)
(2,838)
(25,433,272)
-
Profit before taxation
74,794,581
23,569,559
25,906,618
12,891,474
Taxation
(15,749,495)
(4,255,825)
(10,717,365)
(2,191,551)
Profit after taxation
59,045,086
19,313,734
15,189,253
10,699,923
Other comprehensive income
-
-
-
-
Total comprehensive income
59,045,086
19,313,734
15,189,253
10,699,923
Earning per share - Basic & diluted (Rs.)
0.82
0.27
0.21
0.15
The annexed notes form an integral part of these consolidated financial statements.
Chief Executive Officer
Chief Financial Officer
Director
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Cordoba Logistics & Ventures Ltd. published this content on
29 April 2024 and is solely responsible for the information contained therein. Distributed by
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29 April 2024 03:12:02 UTC.