The profit after tax of Unilever Pakistan Limited has increased by 20 percent to Rs 1,360 million in the nine month period ended on September 30 as compared to Rs 1,289 million earned in the corresponding period last year.
The board of directors of the company, in its meeting held on Thursday, declared that the earning per share of the company surged to Rs 101.54 in the period under review against Rs 96.95 in the same period last year.
In an information sent to the Karachi Stock Exchange (KSE), it was stated that the company's profit after tax increased mainly due to volume increases in home and personal care and lower tea leaf costs.
The company's sales increased by seven percent to Rs 17,545 million in this period against Rs 15,928 million in the same period last year. Cost of sales stood at Rs 10,614 million against Rs 9,954 million. The distribution, admin and other expenses slightly increased to Rs 4,896 million against Rs 4,091 million. The company's profit before tax surged to Rs 2,084 million in the nine month period in 2007 as compared to Rs 1,977 million in the same period last year.
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