Unilever Pakistan Foods Limited Reports Audited Earnings Results for the Year Ended December 31, 2017; Provides Earnings Guidance for the Years 2018, 2019, 2020,2021 and 2022
February 26, 2018
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Unilever Pakistan Foods Limited reported audited earnings results for the year ended December 31, 2017. For the year, the company reported sales of PKR 10,745,260,000 compared to PKR 9,466,836,000 a year ago. Profit from operations was PKR 1,946,726,000 compared to PKR 1,802,228,000 a year ago. Profit before taxation was PKR 1,920,706,000 compared to PKR 1,767,758,000 a year ago. Profit after tax was PKR 1,355,673,000 or PKR 220.16 per basic and diluted share compared to PKR 1,276,089,000 or PKR 207.24 per basic and diluted share a year ago.
The company provided earnings guidance for the years 2018, 2019, 2020, 2021 and 2022. For the year 2018, the company expects sales of PKR 12,438 million, gross profit of PKR 5,620 million, profit before interest and tax of PKR 2,316 million and profit after tax of PKR 1,613 million.
For the year 2019, the company expects sales of PKR 14,209 million, gross profit of PKR 6,449 million, profit before interest and tax of PKR 2,698 million and profit after tax of PKR 2,522 million.
For the year 2020, the company expects sales of PKR 16,098 million, gross profit of PKR 7,338 million, profit before interest and tax of PKR 3,127 million and profit after tax of PKR 2,923 million.
For the year 2021, the company expects sales of PKR 18,206 million, gross profit of PKR 8,335 million, profit before interest and tax of PKR 3,597 million and profit after tax of PKR 3,380 million.
For the year 2022, the company expects sales of PKR 20,573 million, gross profit of PKR 9,460 million, profit before interest and tax of PKR 4,153 million and profit after tax of PKR 3,902 million.
Unilever Pakistan Foods Limited is a Pakistan-based company that manufactures and sells consumer and commercial food products. The Companyâs brands include Clear, Comfort, Cornetto, Domex, Dove, Glaxose-D, Glow & Lovely, Knorr, LUX, Lifebuoy, Magnum, Paddle Pop, Pond's Men, Rafhan, Sunlight, Sunsilk, Surf excel, TRESemme, Vim, and Wall's. Its products include shampoos, fabric conditioner, ice-creams, toilet cleaners, soaps, energy drinks, skin care products, soups, stock cubes, bouillons, seasonings, sauces, tea and teabags, detergent powders, desserts and corn oil product lines, dishwashing powder, bars and liquids, and others. Its manufacturing facilities are located in approximately 52 kilometers, Multan Road Lahore, Parna Plant Near Bhai Pheru. It operates primarily in Pakistan.
Unilever Pakistan Foods Limited Reports Audited Earnings Results for the Year Ended December 31, 2017; Provides Earnings Guidance for the Years 2018, 2019, 2020,2021 and 2022