Showing posts with label UNITY. Show all posts
Showing posts with label UNITY. Show all posts

Wednesday 2 March 2022

UNITY Unity Foods Limited:

For HY ending Dec2021; EPS Rs. 1.09 (Rs. 1.87 last year)
Revenue increased by 25%. Gross Profit increased by 42%. Financial charges doubled. UNITY had recently announced another Rights Issue.

"Our bottom-line has been adversely affected by PKR 1,097.5 million which comprises of PKR 753.7 million realized exchange loss whereas the remaining PKR 343.7 million represents unrealized exchange loss.
The Company faces risks or uncertainty primarily in two exogenous factors i.e. commodity prices and currency exchange rate movements as its operations are dependent upon import of oil seeds, edible oil and animal feed ingredients." Excerpt from Financial Report - Half year ended December 31, 2021. Download