Unity Foods pronounces net gains of Rs 146mln for 1HFY19
MG News | February 27, 2019 at 03:00 PM GMT+05:00
February 27, 2019 (MLN): Unity Foods Limited has reported profit after tax at Rs. 146 million for the half year ended December 31, 2018, as compared to losses of Rs. 48 million earned in same period last year. The company’s EPS was stated at Rs. 0.87.
Formerly known as Taha Spinning Mills, the company’s Gross profit and Net profit margin post change in business model has been estimated at 7.2% and 2.17% respectively.
Moreover, the core expenses of the company, i.e. Administrative cost and Finance cost swelled by Rs. 39 million and Rs. 78 million respectively.
However, presence of tax rebates provided some respite to the financial positon of the company.
| Profit and loss account for the half year ended December 31 2018 (Rupees) | ||
|---|---|---|
|
| Dec-18 | Dec-17 |
| Sales-net | 6,713,616,361 |
|
| Cost of sales | -6,222,821,662 |
|
| Gross profit | 490,794,699 |
|
| Selling, marketing and distribution expenses | -107,005,855 |
|
| Administrative expenses | -84,566,512 | -44,841,096 |
| Other operating expense | -76,336,145 |
|
| Operating profit | 222,886,187 | -44,841,096 |
| Other income | 5,807,083 | 7,588,998 |
| Finance cost | -88,605,659 | -10,032,145 |
| Profit / (loss) before taxation | 140,087,611 | -47,284,243 |
| Taxation |
|
|
| - current |
| -762026 |
| - deferred | 6,424,889 |
|
| Profit / (loss) for the period | 146,512,500 | -48,046,269 |
| Earnings / (loss) per share - basic and diluted | 0.87 | -1.25 |
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 138,412.25 167.69M | 0.32% 447.43 |
| ALLSHR | 85,702.96 423.92M | 0.15% 131.52 |
| KSE30 | 42,254.84 82.09M | 0.43% 180.24 |
| KMI30 | 194,109.59 84.37M | 0.15% 281.36 |
| KMIALLSHR | 56,713.67 217.03M | 0.03% 16.37 |
| BKTi | 37,831.34 13.04M | 1.62% 603.62 |
| OGTi | 27,440.63 3.93M | -0.09% -23.70 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 118,340.00 | 118,355.00 117,905.00 | 720.00 0.61% |
| BRENT CRUDE | 73.47 | 73.63 71.75 | 0.96 1.32% |
| RICHARDS BAY COAL MONTHLY | 96.50 | 0.00 0.00 | 2.20 2.33% |
| ROTTERDAM COAL MONTHLY | 104.50 | 104.50 104.50 | -0.30 -0.29% |
| USD RBD PALM OLEIN | 998.50 | 998.50 998.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 70.26 | 70.33 70.18 | 0.26 0.37% |
| SUGAR #11 WORLD | 16.46 | 16.58 16.37 | -0.13 -0.78% |
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 |
|---|