Unilever Pakistan Foods Ltd's profits observe a growth of 27%
By 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 | 125,627.31 258.99M |
1.00% 1248.25 |
| ALLSHR | 78,584.71 1,142.41M |
1.16% 904.89 |
| KSE30 | 38,153.79 69.25M |
0.63% 238.06 |
| KMI30 | 184,886.50 91.38M |
0.01% 13.72 |
| KMIALLSHR | 53,763.81 554.57M |
0.54% 290.61 |
| BKTi | 31,921.68 33.15M |
1.78% 557.94 |
| OGTi | 27,773.98 9.65M |
-0.40% -112.21 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 107,625.00 | 107,860.00 107,555.00 |
-610.00 -0.56% |
| BRENT CRUDE | 66.63 | 67.20 65.92 |
-0.17 -0.25% |
| RICHARDS BAY COAL MONTHLY | 97.00 | 97.00 97.00 |
1.05 1.09% |
| ROTTERDAM COAL MONTHLY | 107.65 | 107.65 105.85 |
1.25 1.17% |
| USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
| CRUDE OIL - WTI | 64.99 | 65.02 64.83 |
-0.12 -0.18% |
| SUGAR #11 WORLD | 16.19 | 16.74 16.14 |
-0.52 -3.11% |
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 |
|---|