The profit after tax of Engro Foods Limited (EFL) has increased to Rs 485.899 million in the quarter ended March 31, 2012 as compared to Rs 117.260 million earned in the corresponding quarter in 2011. The company's board of directors in its meeting declared that the company's earning per share has increased to Re 0.65 in the period under review against Re 0.17 in the same period last year.
According to the financial results sent to Karachi Stock Exchange, the company's net sales increased to Rs 9.666 billion in this quarter against Rs 6.362 billion in the same quarter a year back. The cost of sales increased to Rs 7.410 billion against Rs 4.984 billion. The company's profit before taxation increased to Rs 738.627 million in this quarter against Rs 180.400 million in the same quarter last year.
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