National Foods Limited Reports Unaudited Consolidated and Unconsolidated Earnings Results for the First Quarter Ended September 30, 2018
October 18, 2018 at 06:01 am EDT
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National Foods Limited reported unaudited consolidated and unconsolidated earnings results for the first quarter ended September 30, 2018. For the quarter, on consolidated basis, the company reported sales of PKR 6,209,904,000 against PKR 5,573,841,000 for the same period a year ago. Operating profit was PKR 633,370,000 against PKR 555,897,000 for the same period a year ago. Profit before taxation was PKR 576,684,000 against PKR 516,056,000 for the same period a year ago. Profit after taxation was PKR 442,684,000 against PKR 360,663,000 for the same period a year ago. Profit attributable to owners of the parent company was PKR 429,876,000 against PKR 338,318,000 for the same period a year ago. Earnings per basic and diluted share were PKR 4.15 against PKR 3.27 for the same period a year ago.
For the quarter, on unconsolidated basis, the company reported sales of PKR 4,508,538,000 against PKR 4,338,896,000 for the same period a year ago. Operating profit was PKR 561,897,000 against PKR 469,603,000 for the same period a year ago. Profit before taxation was PKR 533,641,000 against PKR 448,817,000 for the same period a year ago. Profit after taxation was PKR 417,243,000 against PKR 308,388,000 for the same period a year ago. Earnings per basic and diluted share were PKR 4.03 against PKR 2.98 for the same period a year ago.
National Foods Limited is a Pakistan-based multi category foods company. The Company is principally engaged in the manufacture and sale of food products. The Company offers approximately 250 products in over 13 categories. The Company offers made easy, recipe mixes, ingredients, salt, ketchups, pickles, mayonnaise, desserts, chutneys, sauces & pastes, seasonings. It also offers desserts, which comprises of traditional dishes like kheer and vermicelli along with more contemporary variants like jelly and custards. In addition, the Company offers a range of approximately 50 recipes, such as biryanis, curries, barbeque items and kababs. It offers a range of savory snack mixes and seasonings, such as chat masala, dahi bara and pakora, and masala snax, including chilli chips, barrek sev, Karachi mix and moong dal. The Company's subsidiaries include National Foods DMCC, National Foods Pakistan (UK) Limited and National Epicure Inc.
NATIONAL FOODS LIMITED 
