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.
