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.