Earnings Report: Murree Brewery Ltd. (PSX: MUREB) today reported Financial Results for the Twelve months ended June 30, 2017

MG News | September 22, 2017 at 03:15 PM GMT+05:00

0:00

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.

Related News

Hala Enterprises to increase weaving capacity by 75%

PSX Closing Bell: Flatlined but Holding On

PACRA maintains Nimir Chemicals' ratings

Name	Price/Vol	%Chg/NChg
KSE100	156,177.82 367.85M	-0.00% -3.12
ALLSHR	95,630.38 1,498.37M	-0.06% -60.44
KSE30	47,678.47 206.79M	-0.08% -35.92
KMI30	229,682.22 174.86M	-0.02% -39.87
KMIALLSHR	64,366.76 638.47M	-0.08% -53.31
BKTi	41,922.80 89.51M	-0.11% -46.72
OGTi	31,735.79 16.87M	-0.80% -255.97

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	115,865.00	117,685.00 115,190.00	-1225.00 -1.05%
BRENT CRUDE	67.89	68.59 67.79	-0.58 -0.85%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	93.50	93.50 93.50	0.15 0.16%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	64.00	64.67 63.83	-0.52 -0.81%
SUGAR #11 WORLD	16.23	16.59 16.23	-0.33 -1.99%