UPFL financial results for Q1 2012
April 23, 2012
The Secretary
KarachiStock Exchange (Guarantee) Limited By Hand & Fax
Karachi. 111 573 329
The Secretary
LahoreStock Exchange (Guarantee) Limited By Courier & Fax
Lahore. 042 3636 8485
Dear Sirs,
Unilever Pakistan Foods Limited
Financial Results for the Period January - March 2012
At its meeting held on April 23, 2012 at 14:30 Hrs at Karachi, our Board of Directors has approved the un-audited Financial Statements of the Company for the first quarter ended March 31, 2012.
January to March 2012 | January to March 2011 | ||
---|---|---|---|
(Rupees in thousands) | |||
Sales | 1,466,351 | 1,130,253 | |
Less: Cost of Sales | (896,225) | (669,974) | |
Gross Profit | 570,126 | 460,279 | |
Less: Distribution, Admin & Other | |||
Operating Expenses | (310,813) | (244,377) | |
Add: Other operating Incomes | 26,619 | 15,546 | |
Less: Restructuring Cost | - | (5,000) | |
Profit from Operations | 285,932 | 226,448 | |
Less: Finance Cost | (4,147) | (2,286) | |
Profit before Taxation | 281,785 | 224,162 | |
Less: Taxation | (93,843) | (79,115) | |
Profit after Tax | 187,942 | 145,047 | |
EPS-basic (Rupees) | 30.52 | 23.55 |
First Interim Dividend
In view of the financial results for the 1st Quarter January to March 2012, the Directors have recommended First Interim Dividend of Rs.25/- or 250% per ordinary share of Rs. 10/- (1st Quarter January to March 2011: NIL, per ordinary share).
This will be payable to Members on the number of ordinary shares held by them at the close of business on 23 May 2012.
Closure Of Share Transfer Books
The Share Transfer Books of the Company will be closed from 17 May 2012 to 23 May 2012 (both days inclusive), and will re-open on 24 May 2012. Transfers in good order, received at the Company’s Share Registration Office c/o Famco Associates (Private) Limited, State Life Building No. 1-A, I.I. Chundrigar Road, Karachi, by the close of business on 16 May 2012 will be treated in time for the purpose of payment of First Interim Dividend to the transferees.
Yours faithfully,
Unilever Pakistan Foods Limited
AMAR NASEER
Company Secretary
Copy to:
-Central Depository Company of Pakistan Limited, Karachi. Fax. 021 34326034
-Famco Associates (Private) Limited, Karachi. Fax 021 32426752
Unilever Pakistan Limited
Avari Plaza
Fatimah Jinnah Road
Karachi 75530
+92-21-3 566 0870
fareshteh.aslam@unilever.com