Nestle incurs noticeable falloff in half-yearly returns

Dec-81

Dec-17

% Change

Sales - net

                  124,614,785

                  122,214,698

1.96%

Cost of goods sold

                  (83,242,655)

                  (77,458,749)

7.47%

Gross Profits

                     41,372,130

                     44,755,949

-7.56%

Distribution and selling expenses

                  (18,470,241)

                  (18,406,725)

0.35%

Administration expenses

                     (2,926,471)

                     (2,741,743)

6.74%

Operating profits

                     19,975,418

                     23,607,481

-15.39%

Finance cost

                     (1,818,650)

                     (1,095,630)

65.99%

Other expenses

                     (1,512,112)

                     (1,837,203)

-17.69%

Other income

                           255,308

                           313,857

-18.65%

Profit before taxation

                     16,899,964

                     20,988,505

-19.48%

Taxation

                     (5,355,382)

                     (6,346,723)

-15.62%

Profit after taxation

                     11,544,582

                     14,641,782

-21.15%

Earnings per share - Basic and Diluted (Rupees)

                             254.57

                             322.86

-21.15%