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Uniliver Pakistan Foods Limited’s financial results for the period January – March 2012

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Karachi: 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)

Sales1,466,3511,130,253
Less: Cost of Sales(896,225)(669,974)
——————
Gross Profit570,126460,279
Less: Distribution, Admin and Other
Operating Expenses(310,813)(244,377)
Add: Other operating Incomes26,61915,546
Less: Restructuring Cost(5,000)
——————
Profit from Operations285,932226,448
Finance Cost(4,147)(2,286)
——————
Profit before Taxation281,785224,162
Less: Taxation(93,843)(79,115)
——————
Profit after Tax187,942145,047
——————
EPS-basic (Rupees)30.5223.55

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.

For more information, Contact:
Amar Naseer
Company Secretary
Uniliver Pakistan Foods Limited
Avari Plaza, Fatima Jinnah Road,
Karachi -75530
T: +92 – 21 – 35660062
F: +92 – 21 – 35681705
F: +92 – 21 – 35674968

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