August 20, 2025
The General Manager
Pakistan Stock Exchange Limited By Hand & PUCARS Stock Exchange Building
Stock Exchange Road Karachi
Dear Sir,
UNILEVER PAKISTAN FOODS LIMITED
Financial Results for the six months ended June 30, 2025At its meeting held on August 20, 2025 at 14:30 Hrs at Karachi, the Board of Directors of the Company has approved the un-audited condensed Interim Financial Information for the six months ended June 30, 2025.
The business delivered a sales growth of 15.2% on the back of strong volumetric gains led by all product segments particularly Knorr Noodles and Unilever Food Solutions. Gross Margin for the business stood at 38.4% - a decline of 50 bps vs same period last year. Earnings per share fell by 18.8% on account of maturity of tax credits and decline in interest income.
Condensed Interim Financial Information
THREE MONTHS ENDED SIX MONTHS ENDED
30-Jun 2025 | 30-Jun 2024 | 30-Jun 2025 | 30-Jun 2024 | ||||
Sales 9,117,324 | 8,240,702 | 19,589,890 | 17,001,158 | ||||
Less: Cost of Sales | (5,585,969) | (5,025,425) | (12,059,345) | (10,381,349) | |||
Gross Profit | 3,531,355 | 3,215,277 | 7,530,545 | 6,619,809 | |||
Less: Distribution, Admin & Others | (1,356,805) | (1,350,581) | (2,906,455) | (2,830,234) | |||
Add: Other Income | 296,167 | 923,665 | 616,758 | 1,579,758 | |||
Profit before Operations | 2,470,717 | 2,788,361 | 5,240,848 | 5,369,333 | |||
Less: Finance Cost | (32,625) | (10,335) | (65,030) | (5,809) | |||
Less: Taxation - Final Taxes | (82,448) | (48,654) | (84,917) | (77,251) | |||
Profit before Taxation | 2,355,644 | 2,729,372 | 5,090,901 | 5,286,273 | |||
Less: Taxation | (939,894) | (745,393) | (2,002,372) | (1,481,318) | |||
Profit after Tax | 1,415,750 | 1,983,979 | 3,088,529 | 3,804,955 | |||
EPS-basic and diluted (Rupees) | 222.25 | 311.46 | 484.86 | 597.33 | |||
In view of the financial results for the six months ended June 30, 2025, the Directors have recommended a second interim cash dividend of Rs. 444 - i.e. (4440 %) per ordinary share of Rs.10/- each (six months ended June 30th, 2024, Rs. 623 /- per ordinary share of Rs. 10/- each). This will be payable to the Members on the number of ordinary shares held by them at the close of business on 02nd September, 2025. - per ordinary share of Rs. 10/- each).
CLOSURE OF SHARE TRANSFER BOOKSThe Share Transfer Books of the Company will be closed from 03rd September to 05th September (both days inclusive) to determine the entitlement for the second interim cash dividend. The books will re-open on 08th September, 2025. Transfers in good order, received at the Company's Share Registration Office, Central Depository Company Share Registrar Services Limited, CDC House, 99-B, Block-B, S.M.C.H.S., Main Shahra-e-Faisal, Karachi - 74400 by the close of business on 02nd September will be treated in time for the purpose of payment of Interim Dividend to the transferees.
FUTURE OUTLOOKPakistan's macroeconomic indicators showed continued improvement, with inflation remaining in low single digits-fostering stronger consumer confidence and consistent growth in spending. The Business Confidence Index also reached highest level in four years, reflecting optimism about future business conditions and economic stability.
Our management team is focused on leveraging our brands' strength and local heritage, introducing new innovations, and enhancing cost efficiencies across the entire value chain to create shareholder value.
Yours faithfully,
UNILEVER PAKISTAN FOODS LIMITED
AMAN GHANCHI
Company Secretary
Copy to:
The Securities & Exchange Commission of Pakistan, Islamabad. Fax: 051 9204915.
The Central Depository Company of Pakistan Limited, Karachi. Fax: 021-34326034 / 34326016
The Central Depository Company of Pakistan Limited, Share Registrar Department, Karachi. Fax: 021-34326053
Annexure A2: Annexure A3: