Unilever Pakistan Limited profits rise by 25.88 percent to Rs. 581.330 million

Unilever Pakistan Limited (UPFL) today announced financial results for the three months period ending 31 March, 2018 reporting Sales at Rs. 3.227 billion; up 1.56 percent from same period last year. Furthermore, the company’s Gross Profit rose to Rs. 1.534 billion from Rs. 1.272 billion last year during the outgoing three months.

On the expenses front, UPFL reported 19.14 percent increase in Administration and Other Operating Expenses, whereas, it reported 807.64 percent increase in Finance costs.

Furthermore, UPFL also reported a 45.24 percent increase in Other Income reaching Rs. 42.916 million during the three months.

Unilever Pakistan Limited reported profit after taxation at Rs. 581.330 million against Rs. 461.822 million during the same period last year translating into an EPS of Rs. 94.41 vs. an EPS of Rs. 75.00 during the three months ending March, 2017. 

Comparison of Key Financials

Unconsolidated Profit and Loss Account – For the Three Months Ended, March 30th 2018

Key Financials

March, 2018

March, 2017

% Change

 

Amounts in PKR’ 000

Sales

3,227,606

2,769,022

16.56%

Less: Cost of Sales

1,692,742

1,494,519

13.26%

Gross Profit

1,534,864

1,272,503

20.62%

Less: Distribution, Administration and Other Operating Expenses

792,882

665,523

19.14%

Add: Other Income

42,916

29,549

45.24%

Profit from Operations

784,898

6,368,529

-87.68%

Less: Finance Cost

16,401

1,807

807.64%

Profit before Taxation

768,497

636,722

20.70%

Taxation

187,167

174,900

7.01%

Profit after Tax

581,330

461,822

25.88%

Add/Less: Other Comprehensive Income

 

Total Comprehensive Income

581,330

461,822

25.88%

EPS – Basic and diluted

94.41

75.00

25.88%

Company release on Earnings Report can be accessed here.

Posted on: 2018-04-27T16:26:00+05:00