National Foods Pakistan profit rises 14% to Rs. 360 million

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MG News | October 25, 2017 at 09:51 AM GMT+05:00

  • National Foods Pakistan Sales for the period increased by 51%, amounting to a total of 5.57 billion Rupees during the Quarter ended September, 30th 2017
  • Company’s Cost of Sales, on the other hand, increased by more than 60% during the reported quarter
  • Company’s bottom line reached Rs. 360 million, a 14% increase from the same period last year’s profits of Rs. 317.57 million
  • The company’s earnings per share totaled 3.27 against 3.07 per share in the same period last year
Comparison of Key Financials

Unconsolidated Profit and Loss Account - For the Quarter Ended, September 30th 2017

Key Financials

2017

2016

% Change

 

Amounts in PKR ‘000

Sales

5,573,841

3,699,350

50.67%

Cost of Sales

3,769,578

2,346,745

60.63%

Gross Profit

1,804,263

1,352,605

33.39%

Distribution Costs

1,013,634

722,123

40.37%

Administrative Expenses

198,040

142,870

38.62%

Other Expenses

43,235

30,118

43.55%

Other Income

6,543

4,041

61.92%

Operating Profit

555,897

461,535

20.45%

Finance Costs

39,841

17,781

124.07%

Profit before Taxation

516,056

443,754

16.29%

Taxation - Net

155,393

126,177

23.15%

Profit after Tax

360,663

317,577

13.57%

EPS - Basic & diluted

3.27

3.07

6.51%

Company release on Earnings Report can be accessed here.

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