The meeting of the Board of Directors, ICI Pakistan Limited announced its financial results for the year ended June 30, 2022.
In line with its growth aspirations, the Company continues to deliver robust results. On a consolidated basis (including the results of the Company’s subsidiaries: ICI Pakistan PowerGen Limited, NutriCo Morinaga (Private) Limited, Net Turnover for the year under review grew by 56% to PKR 100,867 million, compared to the same period last year (SPLY). Consolidated Operating Result at PKR 13,825million is higher by 72% in comparison to the SPLY.
This performance was a result of robust performance delivered across all of the Company’s businesses.
The consolidated Profit after Tax (PAT) for the year under review, at PKR 8,860million, is 69% higher than the SPLY.
This translates into PAT attributable to owners of the Holding Company at PKR 8,466 million and an EPS of PKR 91.66– both higher by 52% as compared to the SPLY.