Nestle Pakistan’s Net Sales for the period increased by 9.6%, amounting to a total of 92.39 billion Rupees during the Quarter ended September, 30th 2017
Company’s Finance Cost and Other income decreased by 14% and 23% respectively
The Profit after tax for the period surged 15% reaching 11.3 billion vs previous year’s profit of 9.8 billion Rupees.
The company’s earnings per share climbed to 249.88 Rupees vs 216.47 during the 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
Net Sales
92,395,385
84,356,909
9.53%
CoGS
58,264,419
53,306,009
9.30%
Gross Profit
34,130,966
31,050,900
9.92%
Distribution and Selling Expenses
13,855,333
12,874,557
7.62%
Administration Expenses
2,149,680
2,161,587
-0.55%
Operating Profit
18,127,953
16,014,756
13.20%
Finance Cost
751,348
877,110
-14.34%
Other Income
250,417
326,034
-23.19%
Profit before Taxation
16,239,643
14,286,002
13.68%
Taxation
4,907,908
4,469,333
9.81%
Profit after Taxation
11,331,735
9,816,669
15.43%
EPS
249.88
216.47
15.43%
Company release on Earnings Report can be accessed here.
