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.
