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

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.

Posted on: 2017-09-22T15:15:00+05:00