Murree Brewery’s profits lift by 5% owing to increase in topline earnings

Statement of Profit and Loss for the Quarter ended September 30th 2018 ('000 Rupees)

Revenue

                        2,685,927

                       2,411,454

11.38%

Cost of Sales

                     (1,855,843)

                    (1,684,701)

10.16%

Gross profit

                           830,084

                          726,753

14.22%

selling and distribution expenses

                         (270,529)

                        (182,406)

48.31%

Administrative expenses

                         (100,021)

                          (82,454)

21.31%

Other expenses

                           (34,380)

                          (32,900)

4.50%

Other income

                              23,486

                             18,578

26.42%

Operating profit

                           448,640

                          447,572

0.24%

finance cost

                              (4,006)

                                (987)

305.88%

Finance income

                              48,815

                             33,041

47.74%

Net finance (cost)/income

                              44,809

                             32,054

39.79%

profit before tax

                           493,449

                          479,625

2.88%

Income tax expenses

                         (130,834)

                        (134,321)

-2.60%

Profit for the year

                           362,615

                          345,304

5.01%

Earnings per share - basic and diluted (Rupees)

                                15.73

                               14.98

5.01%