Net Profit of Unilever Declines

Feb 12, 2020 10:20 AM Merolagani

Unilever Nepal (UNL)has earned a net profit of Rs 237.5 million in the second quarter of the current FY compared to Rs 320.7 million of the corresponding period of the last FY.

Despite an increase in sales, an increase in expenses as well as a decrease in other income dragged down its net profit during the period.

The company that earned Rs 1.24 billion in sales in the last FY earned Rs 1.56 billion in the current FY. However, its other income decreased by Rs 106.6 million to Rs 39.7 million.

Similarly, the expenses of the company increased by Rs 323 million in the review period. The company with Rs 92.1 million in paid-up capital has shareholders fund of Rs 2.72 billion.

In the review period, the EPS of the company decreased to Rs 971 compared to Rs 1,303 of the last FY. The company maintained P/E ratio of 19.67 times and net worth per share of Rs 2,280.

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