Murree Brewery Ltd. announced Financial Results for the period ended June 30, 2017.
The company’s Net Sales for the period increased by 7.24 percent in the outgoing year, whereas the Profit after Taxation for the Period decreased by 19 percent.
The board has recommended a final Cash Dividend for the year ended June 30, 2017 at the rate of 100% i.e. Rs 10/- per share. 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
7,139,601
6,657,314
7.24%
CoGS
4,972,774
4,413,950
12.66%
Gross Profit/(loss)
2,166,827
2,243,364
-3.41%
Operating Expenses
931,494
787,294
18.32%
Operating Profit/(Loss)
1,235,333
1,456,070
-15.16%
Financial Charges
16,690
2,023
725.01%
Profit/(Loss) before Tax
1,350,943
1,566,695
-13.77%
Taxation
486,301
435,643
11.63%
Profit/(loss) after Tax
920,807
1,131,682
-18.63%
EPS
39.94
49.09
-18.64%
Company release on Earnings Report can be accessed here.
