Earnings Report: Bata Pakistan (PSX: BATA) today reported Financial Results for the Three and Six months ended June 30, 2017

    Bata Pakistan announced Financial Results for the period ended June 30, 2017.

    The company’s Sales for the period increased by 5 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 13 percent.

    The board did not recommend any Cash Dividend, bonus or right shares.

    Comparison of Key Financials

    Unconsolidated Profit and Loss Account – For the Six Months Ended

    Key Financials

    Jan – June, 2017

    Jan – Jun, 2016

    % Change

     

    Amounts in PKR ‘000

    Sales

    7,828,929

    7,424,336

    5%

    Cost of Sales

    4,539,133

    4,450,092

    2%

    Gross Profit

    3,289,796

    2,974,244

    11%

    Dist: Cost

    1,674,417

    1,481,540

    13%

    Amin: Expenses

    486,312

    477,030

    2%

    Other Expenses

    85,273

    76,139

    12%

    Operating Expenses

    2,246,002

    2,034,709

    10%

    Other Income

    47,073

    58,877

    -20%

    Operating Profit

    1,090,867

    998,142

    9%

    Finance Cost

    21,444

    18,621

    15%

    Profit before Taxation

    1,069,423

    979,791

    9%

    Taxation

    362,079

    353,122

    3%

    PAT

    707,344

    626,669

    13%

    Total Comprehensive Income

    707,344

    626,669

    13%

    EPS – Basic and diluted

    93.56

    82.89

    13%

     

    Company release on Earnings Report can be accessed here.

    Posted on: 2017-08-24T13:41:00+05:00