Unilever Pakistan Foods announced Financial Results for the period ended June 30, 2017.
The company’s Sales for the period increased 13.95 by percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 35.23 percent.
The board has recommended an interim Dividend for the half year ended June 30, 2017 at the rate of 1220% i.e. Rs 122/- per ordinary share of Rs. 10/-. The board issued no bonus or right shares.
Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Six Months Ended
Key Financials
Jan – June, 2017
Jan – Jun, 2016
% Change
Common Size
Amounts in PKR ‘000
Sales
5,573,339
4,890,978
13.95%
100%
Cost of Sales
3,056,294
2,733,710
11.80%
55%
Gross Profit
2,517,045
2,157,268
16.68%
45%
Dist:, Admin, & Other Expenses
1,493,944
1,415,537
5.54%
27%
Other incomes
68,193
56,713
20.24%
1%
Finance Cost
14,624
13,644
7.18%
0%
Profit before Taxation
1,076,670
784,800
37.19%
19%
Taxation
319,151
224,624
42.08%
6%
PAT
757,519
560,176
35.23%
14%
EPS – Basic and diluted
123.02
90.97
35.23%
Company release on Earnings Report can be accessed here.
