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

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

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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.

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