Earnings Report: Berger Paints Pakistan Ltd. (PSX: BERG) today reported Financial Results for the Twelve months ended June 30, 2017

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Berger Paints Pakistan Ltd. announced Financial Results for the period ended June 30, 2017.

The company’s Net Sales for the period increased by 0.80 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 9.38 percent.

The company issued no dividend for the period. The board issued no bonus or right shares.

Comparison of Key Financials

Unconsolidated Profit and Loss Account – For the Year Ended

Key Financials

2017

2016

% Change

 

Amounts in PKR ‘000

Net Sales

5,122,570

5,081,749

0.80%

Cost of Sales

5,632,609

3,553,432

58.51%

Gross Profit

1,489,961

1,528,317

-2.51%

Selling and Dist: Costs

1,009,310

919,830

9.73%

Admin & General Expenses

185,199

197,651

-6.30%

Profit from Operations

295,452

410,836

-28.09%

Other Income

51,356

135,695

-62.15%

Other Expenses

5,917

134,922

-95.61%

Finance Cost

74,960

89,214

-15.98%

Profit before Taxation

265,931

322,395

-17.51%

Taxation

63,820

137,618

-53.63%

Profit After Taxation

202,111

184,777

9.38%

EPS – Basic & Diluted

11.11

10.16

9.35%

 

Company release on Earnings Report can be accessed here.

Posted on: 2017-09-12T10:02:00+05:00

Data is delayed by 20 minutes

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