Earnings Report: Berger Paints Pakistan Ltd. (PSX: BERG) today reported Financial Results for the Twelve months ended June 30, 2017

MG News | September 12, 2017 at 10:02 AM GMT+05:00

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Berger Paints Pakistan Ltd. announced Financial Results for the period ended June 30, 2017.

The company’s Net Sales for the period increased by 0.80 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 9.38 percent.

The company issued no dividend for the period. The board issued no bonus or right shares.

Comparison of Key Financials

Unconsolidated Profit and Loss Account - For the Year Ended
Key Financials	2017	2016	% Change
	Amounts in PKR ‘000
Net Sales	5,122,570	5,081,749	0.80%
Cost of Sales	5,632,609	3,553,432	58.51%
Gross Profit	1,489,961	1,528,317	-2.51%
Selling and Dist: Costs	1,009,310	919,830	9.73%
Admin & General Expenses	185,199	197,651	-6.30%
Profit from Operations	295,452	410,836	-28.09%
Other Income	51,356	135,695	-62.15%
Other Expenses	5,917	134,922	-95.61%
Finance Cost	74,960	89,214	-15.98%
Profit before Taxation	265,931	322,395	-17.51%
Taxation	63,820	137,618	-53.63%
Profit After Taxation	202,111	184,777	9.38%
EPS - Basic & Diluted	11.11	10.16	9.35%

Company release on Earnings Report can be accessed here.

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