Earnings Report: Bata Pakistan (PSX: BATA) today reported Financial Results for the Three and Six months ended June 30, 2017

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Bata Pakistan announced Financial Results for the period ended June 30, 2017.

The company’s Sales for the period increased by 5 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 13 percent.

The board did not recommend any Cash Dividend, bonus or right shares.

Comparison of Key Financials

Unconsolidated Profit and Loss Account – For the Six Months Ended

Key Financials

Jan – June, 2017

Jan – Jun, 2016

% Change

 

Amounts in PKR ‘000

Sales

7,828,929

7,424,336

5%

Cost of Sales

4,539,133

4,450,092

2%

Gross Profit

3,289,796

2,974,244

11%

Dist: Cost

1,674,417

1,481,540

13%

Amin: Expenses

486,312

477,030

2%

Other Expenses

85,273

76,139

12%

Operating Expenses

2,246,002

2,034,709

10%

Other Income

47,073

58,877

-20%

Operating Profit

1,090,867

998,142

9%

Finance Cost

21,444

18,621

15%

Profit before Taxation

1,069,423

979,791

9%

Taxation

362,079

353,122

3%

PAT

707,344

626,669

13%

Total Comprehensive Income

707,344

626,669

13%

EPS – Basic and diluted

93.56

82.89

13%

 

Company release on Earnings Report can be accessed here.

Posted on: 2017-08-24T13:41:00+05:00

Data is delayed by 20 minutes

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