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

MG News | August 24, 2017 at 01:41 PM GMT+05:00

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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.

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