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.
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.
