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Mettis Global News
Mettis Global News
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Bata Pakistan Ltd. profit falls 8% to 904 million

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  • Bata Pakistan Net Sales for the period decreased by 1%, amounting to a total of 11 billion Rupees during the Quarter ended September, 30th 2017
  • Company’s Distribution costs increased by 10%
  • The Profit after tax for the period decreased 8% reaching 904 million compared to same period last year’s profit of 981 million Rupees.
  • The company’s earnings per share reached 119.61 Rupees/Share
  • Bata Pakistan declared a cash dividend of Rs. 80/share at the rate of 800%
Comparison of Key Financials

Unconsolidated Profit and Loss Account – For the Quarter Ended, September 30th 2017

Key Financials

2017

2016

% Change

 

Amounts in PKR ‘000

Net Sales

11,059,871

11,156,245

-0.86%

Cost of Sales

6,397,509

6,657,882

-3.91%

Gross Profit

4,662,362

4,498,363

3.65%

Distribution Cost

2,513,177

2,282,797

10.09%

Administrative Expenses

725,950

708,412

2.48%

Operating Expenses

3,349,574

3,107,600

7.79%

Other Income

59,064

84,558

-30.15%

Operating Profit

1,371,852

1,475,321

-7.01%

Finance Cost

31,018

28,539

8.69%

Profit before Taxation

1,340,834

1,446,782

-7.32%

Taxation

436,603

465,414

-6.19%

PAT

904,231

981,368

-7.86%

EPS – Basic & diluted

119.61

129.81

-7.86%

Company release on Earnings Report can be accessed here.

Posted on: 2017-10-23T11:05:00+05:00