Unilever Pakistan Foods Ltd's profits observe a growth of 27%

MG News | February 28, 2019 at 03:57 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

February 28, 2019 (MLN): Unilever Pakistan Foods Limited announced its financial earnings for the year ended December 31, 2018, at Rs. 1.7 billion (EPS: Rs. 274), approximately 27% higher as compared to same period last year.

The Company’s sales grew by 10.7% on the back of strong brand equity, successful innovations and sustained investment in advertisement and promotion.

However, gross margin remained constant at 45% due to difficult operating environment.

Furthermore, the company announced a final cash dividend of Rs. 76 i.e. 760%. This was in addition to the interim cash dividend of Rs. 204 already paid during the year.

Profit and loss account for the year ended December 31 2018 (Rupees'000)
	Dec-18	Dec-17	% Change
Sales	11,898,430	10745260	10.73%
Cost of sales	-6,539,088	-5911696	10.61%
Gross profit	5,359,342	4833564	10.88%
Distribution, Admin and Other Operating expenses	-3,140,066	-3089609	1.63%
Other income	342,115	202,771	68.72%
Profit from operations	2,561,391	1946726	31.57%
Finance cost	-69,675	-26,020	167.77%
Profit before taxation	2,491,716	1,920,706	29.73%
Taxation	-760,146	-565,033	34.53%
Profit after tax	1,731,570	1,355,673	27.73%
Other comprehensive income/loss	27	-4,992
Total comprehensive income	1,731,597	1350681	28.20%
EPS-basic and diluted	274	219	25.59%

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	172,013.48 371.01M	2.38% 3994.62
ALLSHR	103,148.97 839.44M	2.13% 2147.61
KSE30	50,618.51 237.90M	2.44% 1206.74
KMI30	246,398.18 133.03M	2.42% 5817.20
KMIALLSHR	66,639.08 402.94M	2.04% 1329.92
BKTi	47,126.50 83.39M	2.61% 1200.64
OGTi	34,400.13 6.65M	1.60% 541.32

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	77,060.00	77,430.00 76,450.00	220.00 0.29%
BRENT CRUDE	105.86	107.24 104.27	1.09 1.04%
RICHARDS BAY COAL MONTHLY	129.00	129.00 129.00	0.75 0.58%
ROTTERDAM COAL MONTHLY	142.50	0.00 0.00	0.35 0.25%
USD RBD PALM OLEIN	1,182.50	1,182.50 1,182.50	0.00 0.00%
CRUDE OIL - WTI	97.43	98.69 96.12	0.97 1.01%
SUGAR #11 WORLD	18.46	19.06 18.39	-0.60 -3.15%