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 | 180,072.44 132.42M | 0.13% 225.75 |
| ALLSHR | 108,904.32 459.55M | 0.12% 126.36 |
| KSE30 | 53,601.21 53.05M | 0.06% 30.12 |
| KMI30 | 252,699.47 49.71M | -0.12% -308.25 |
| KMIALLSHR | 69,707.34 218.50M | -0.03% -20.21 |
| BKTi | 52,167.93 19.12M | -0.02% -10.29 |
| OGTi | 35,577.37 5.48M | 0.16% 58.46 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 63,925.00 | 63,995.00 63,580.00 | 325.00 0.51% |
| BRENT CRUDE | 89.45 | 90.07 89.08 | 0.54 0.61% |
| RICHARDS BAY COAL MONTHLY | 105.50 | 0.00 0.00 | -4.45 -4.05% |
| ROTTERDAM COAL MONTHLY | 123.00 | 123.00 123.00 | 0.90 0.74% |
| USD RBD PALM OLEIN | 1,175.00 | 1,175.00 1,175.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 83.70 | 84.35 83.35 | 0.50 0.60% |
| SUGAR #11 WORLD | 16.81 | 16.84 16.68 | 0.08 0.48% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan External Debt and Liabilities
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|