<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">TGL reported EPS of PKR5.33 in 1HFY17 as compared to PKR3.21
in 1HFY16, showing an extraordinary growth of 66%YoY. The increase can be
attributable to declining costs and increasing revenues as finance cost
declined by 20%YoY in 1HFY17, selling and distribution expenses dropped to
PKR158mn in 1HFY17 as compared to PKR3.69mn in 1HFY16 and sales increased by
17%YoY in 1HFY17. The increase in profitability helped TGL to record net profit
margin of 8.41% in 1HFY17 as compared to 5.78% in 1HFY16.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">TGL posted a GP margin of 21% in FY16. In comparison, Ghani
Glass Limited (GHGL) posted a margin of 31% in FY16. Though GHGL has a product
differentiation as compared to TGL, s...
