Corporate Result: Gamon Sales increased by 45% in 3rd Quarter

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In a notification to the Pakistan Stock Exchange, Gammon Pakistan Limited (PSX:GAMON) released its financial results for the quarter ended September 31, 2019. The company reported a loss of Rs.308,851 with the loss per share amounting to Rs. 0.01 for the quarter ended September 31, 2019.

However, financial results show that the sales increased by 45% to the value of Rs.32 Mn as compared to the financial results of 2018. The operating expenses decreased whereas the finance costs increased by 19%.

 GAMON – 3rd Quarter 

Quarter ended

LPS 2019 = (0.01) PKR

LPS 2018 = (0.01) PKR

Cash Dividend = NIL

Bonus Share = NIL