The profit after tax of Unilever Pakistan Limited has increased to Rs 1.984 billion, translating into an earning per share of Rs 149 in the year 2008 as compared to Rs 1.61.687 billion (EPS Rs 127) earned in the same period in 2007. The board of directors of the company at its meeting held here on Friday, recommended final dividend of Rs 57 per ordinary share of Rs 50 each in addition to the interim dividend of Rs 66 per ordinary share.
This will be payable to members on the number of ordinary shares held by them at the close of business on April 8, 2009. According to the financial results, the company's sales increased to Rs 30.957 billion in this period against Rs 23.332 billion in the same period a year back. On the other hand, the cost of sales surged to Rs 20.021 billion against Rs 14.249 billion. The company's profit before tax increased to Rs 2.925 billion in 2008 against Rs 2.529 billion in 2007.
UNILEVER FOODS POST PROFIT: The Unilever Pakistan Foods Limited posted Rs 348.546 million as profit after tax (PAT), an earning of per share (EPS) Rs 56.60 in the year 2008 as compared to a PAT of Rs 224.492 million with EPS of Rs 36.46 in the same period in 2007. The board of directors of the company, at its meeting held here on Friday, recommended final dividend at Rs 14 per share of Rs 10 each; in addition to the interim dividend of Rs 22 per share.
According to the financial results, the company's sales increased to Rs 3.081 billion in this period against Rs 2.376 billion in the same period a year back. The cost of sales increased to Rs 1.924 billion in this period against Rs 1.489 billion previously. The company's profit before tax increased to Rs 530.311 million in this period against Rs 346.074 million in the same period a year back.
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