Murree Brewery Ltd. announced Financial Results for the period ended June 30, 2017.
The company’s Net Sales for the period increased by 7.24 percent in the outgoing year, whereas the Profit after Taxation for the Period decreased by 19 percent.
The board has recommended a final Cash Dividend for the year ended June 30, 2017 at the rate of 100% i.e. Rs 10/- per share. 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 |
7,139,601 |
6,657,314 |
7.24% |
CoGS |
4,972,774 |
4,413,950 |
12.66% |
Gross Profit/(loss) |
2,166,827 |
2,243,364 |
-3.41% |
Operating Expenses |
931,494 |
787,294 |
18.32% |
Operating Profit/(Loss) |
1,235,333 |
1,456,070 |
-15.16% |
Financial Charges |
16,690 |
2,023 |
725.01% |
Profit/(Loss) before Tax |
1,350,943 |
1,566,695 |
-13.77% |
Taxation |
486,301 |
435,643 |
11.63% |
Profit/(loss) after Tax |
920,807 |
1,131,682 |
-18.63% |
EPS |
39.94 |
49.09 |
-18.64% |
Company release on Earnings Report can be accessed here.