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.
