Huffaz Seamless Pipe Industries Limited (PSX:HSPI)

PSX:HSPI Income Statement

Financials in millions PKR. Fiscal year is July - June.

Fiscal Year	FY 2023	FY 2022	FY 2020	FY 2019	FY 2018
Period Ending	Jun 30, 2023	Jun 30, 2022	Jun 30, 2020	Jun 30, 2019	Jun 30, 2018
Revenue	171.02	134.32	341.62	501.1	854.8
Revenue Growth (YoY)	27.32%	-60.68%	-31.83%	-41.38%	-9.70%
Cost of Revenue	277.39	237.42	268.16	368.54	727.55
Gross Profit	-106.38	-103.1	73.46	132.56	127.25
Selling, General & Admin	44.25	48.56	56.34	85.81	97.08
Other Operating Expenses	-4.4	-17.41	-11.74	1.32	-26.31
Operating Expenses	39.85	31.15	46.89	87.13	70.77
Operating Income	-146.23	-134.25	26.56	45.44	56.48
Interest Expense	-	-	-33.15	-46.4	-35.87
Currency Exchange Gain (Loss)	-	-	-2.42	-	-0.06
Other Non Operating Income (Expenses)	-0.55	-0.92	-0.47	-2.17	-5.86
EBT Excluding Unusual Items	-146.78	-135.17	-9.48	-3.14	14.7
Other Unusual Items	-	-	-	36.05	-
Pretax Income	-146.78	-135.17	-9.48	32.91	14.7
Income Tax Expense	15.91	-27.49	-3.38	30.7	-53.18
Net Income	-162.69	-107.68	-6.09	2.21	67.87
Net Income to Common	-162.69	-107.68	-6.09	2.21	67.87
Net Income Growth	-	-	-	-96.75%	165.52%
Shares Outstanding (Basic)	55	55	55	55	55
Shares Outstanding (Diluted)	55	55	55	55	55
EPS (Basic)	-2.93	-1.94	-0.11	0.04	1.22
EPS (Diluted)	-2.93	-1.94	-0.11	0.04	1.22
EPS Growth	-	-	-	-96.75%	165.52%
Free Cash Flow	-42.03	-144.5	-4.8	24.67	96.3
Free Cash Flow Per Share	-0.76	-2.60	-0.09	0.45	1.74
Gross Margin	-62.20%	-76.76%	21.50%	26.45%	14.89%
Operating Margin	-85.51%	-99.95%	7.78%	9.07%	6.61%
Profit Margin	-95.13%	-80.17%	-1.78%	0.44%	7.94%
Free Cash Flow Margin	-24.58%	-107.58%	-1.41%	4.92%	11.27%
EBITDA	-112.06	-99.41	93.93	222.81	240.82
EBITDA Margin	-65.53%	-74.01%	27.50%	44.46%	28.17%
D&A For EBITDA	34.17	34.84	67.37	177.37	184.34
EBIT	-146.23	-134.25	26.56	45.44	56.48
EBIT Margin	-85.51%	-99.95%	7.78%	9.07%	6.61%
Effective Tax Rate	-	-	-	93.30%	-
Advertising Expenses	0.02	0.1	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.