BR Research

Packages chokes again

Published August 25, 2011 Updated August 25, 2011 12:00am

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PACKAGES LIMITED
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Rs (mn)                    1HCY11   1HCY10      chg
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Net Sales                   9,991    9,761       2%
Cost of sales               9,508    9,117       4%
Gross profit                  483      643     -25%
Administrative expenses       323      260      24%
Distribution & marketing      286      300      -5%
Other operating income        218      111      96%
Finance costs                 750      596      26%
Investment income             702      790     -11%
PAT                          -209      279    -175%
EPS (Rs)                    -2.48     3.30
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Source: KSE notice