Unilever-Pakistan

CONDENSED INTERIM FINANCIAL INFORMATION FOR THE HALF YEAR ENDED JUNE 30, 2010

UNILEVER PAKISTAN FOODS LIMITED COMPANY INFORMATION BOARD OF DIRECTORS
Mr. Ehsan A. Malik Ms. Fariyha Subhani Mr. Abdul Rab Mian Zulfikar H. Mannoo Mian M. Adil Mannoo Mr. Kamal Monnoo Mr. Badaruddin F. Vellani Mr. Imran Husain Mr. M. Qaysar Alam Ms. Shazia Syed Chairman Chief Executive Director & CFO Director Director Director Director Director Director Director

COMPANY SECRETARY
Mr. Amar Naseer

AUDIT COMMITTEE
Mr. Imran Husain Mr. M. Qaysar Alam Mian Zulfikar H. Mannoo Mr. Imtiaz Jaleel Chairman Member Member Secretary & Head of Internal Audit

AUDITORS
Messers A. F. Ferguson & Co Chartered Accountants State Life Building No. 1-C I.I. Chundrigar Road, Karachi.

REGISTERED OFFICE
Avari Plaza Fatima Jinnah Road, Karachi -75530

SHARE REGISTRATION OFFICE
M/s Famco Associates (Pvt) Limited State Life Building No.1-A I.I. Chundrigar Road, Karachi.

WEBSITE ADDRESS
www.unileverpakistan.com.pk www.unileverpakistanfoods.com.pk

1

UNILEVER PAKISTAN FOODS LIMITED Directors’ Review
The directors are pleased to present the financial statements for the half year ended June 30, 2010 in which earnings increased by 77% on the back of 13% growth in sales.

Financial Results

Half Year Ended June 2010 2009 1,808,945 187,588 124,456 20.21

Net Sales (Rs. '000) Profit before Taxation (Rs. '000) Profit after Taxation (Rs. ‘000) Earnings per Share (Rs.)

2,045,971 330,311 219,783 35.69

Knorr Noodles remained the star performer with the success of the “Quest for the Noodle Pot” campaign which further strengthened its lead. Knorr Cubes and Rafhan Desserts recorded high growth, responding to continuing efforts to develop these categories.

Future Outlook
The challenge of inflationary pressure has been compounded by the devastating floods in the country, which have disrupted the lives of many. Our parent company Unilever has contributed Rs. 110m and we are working... [continues]

Read full essay