The profit after tax of Unilever Pakistan Foods Limited (UPFL) has increased to Rs 344.650 million in the nine month period ended September 30, 2010, as compared to Rs 182.707 million earned in the corresponding period in 2009.
The board of directors of the company in its meeting held here on October 26 declared the company's earning per share at Rs 55.97 in the period under review against Rs 29.67 in the same period last year.
According to the financial results sent to Karachi Stock Exchange (KSE), the company's sales increased to Rs 3.112 billion in this period against Rs 2.688 billion in the same period a year back. The cost of sales increased to Rs 1.885 billion against Rs 1.677 billion.
The company's profit before taxation increased to Rs 516.212 million in the nine-month period in 2010 against Rs 273.275 million in the same period in 2009.
On three month basis, the company's profit after tax increased to Rs 124.867 million translating earning per share at Rs 20.28 in the quarter ended September 30, 2010, as compared to profit of Rs 58.251 million with per share earning of Rs 9.46 in the same quarter last year.