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

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

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National Foods Pakistan Sales for the period increased by 51%, amounting to a total of 5.57 billion Rupees during the Quarter ended September, 30^th 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 30^th 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.

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	81,405.00	82,215.00 80,840.00	-780.00 -0.95%
BRENT CRUDE	104.88	105.35 104.23	0.67 0.64%
RICHARDS BAY COAL MONTHLY	110.00	0.00 0.00	-5.00 -4.35%
ROTTERDAM COAL MONTHLY	109.70	110.00 108.15	2.60 2.43%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	98.95	99.28 98.00	0.88 0.90%
SUGAR #11 WORLD	14.95	14.99 14.60	0.26 1.77%