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.