August 27, 2019 (MLN): Bata Pakistan Limited (BATA) announced their 6 Month result for the period ending Jun 30, 2019
The company declared a Profit After tax of Rs.652.85 million which is 8.43 percent lower than the corresponding period from last year.
The net sales of the company grew by merely 5 percent, whereas Cost of sales remained somewhat constant. This resulted in a 12 percent increase in Gross profit.
This translates into an EPS of 86.36 compared to the previous EPS of 94.3.
|Cost of Sales||-4,734,318||-4,677,192||1.22|
|Profit before taxation||908,924||1,137,108||-20.07|
|Provision for taxation||-256,074||-424,181||-39.63|
|Profit after taxation||652,850||712,927||-8.43|
|Basic and diluted earnings per share (Rupees)||86.36||94.3||-8.42|
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