Unilever Pakistan Foods Ltd's profits observe a growth of 27%
MG News | February 28, 2019 at 03:57 PM GMT+05:00
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 | 165,476.02 586.85M | 4.44% 7032.60 |
| ALLSHR | 100,326.78 1,176.99M | 3.98% 3840.78 |
| KSE30 | 51,034.76 269.10M | 4.71% 2294.50 |
| KMI30 | 243,038.50 165.37M | 5.62% 12928.05 |
| KMIALLSHR | 66,437.48 585.10M | 4.38% 2789.44 |
| BKTi | 46,623.32 123.78M | 4.64% 2065.31 |
| OGTi | 32,472.12 22.09M | 5.08% 1568.73 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 113,035.00 | 116,385.00 110,295.00 | -3345.00 -2.87% |
| BRENT CRUDE | 62.48 | 63.63 61.50 | -0.84 -1.33% |
| RICHARDS BAY COAL MONTHLY | 80.50 | 80.50 80.50 | -1.00 -1.23% |
| ROTTERDAM COAL MONTHLY | 89.00 | 89.00 88.75 | -0.10 -0.11% |
| USD RBD PALM OLEIN | 1,085.00 | 1,085.00 1,085.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 58.81 | 59.82 57.68 | -0.68 -1.14% |
| SUGAR #11 WORLD | 15.87 | 15.94 15.36 | 0.26 1.67% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|