National Foods Reports 7.32% Profit Growth in First Half of FY25
National Foods Limited (PSX: NATF) has announced a 7.32% increase in net profit for the first half of the fiscal year 2025, reaching Rs1.61 billion for the six-month period ending December 31, 2024.
The company’s revenue saw a strong rise of 17.76%, reaching Rs47.26 billion. This growth was largely driven by higher sales. To reward its shareholders, National Foods declared an interim dividend of Rs2 per share, which is equivalent to a 40% payout.
However, the company faced rising costs, which impacted its overall profitability. The cost of sales increased by 18.49%, while finance costs surged by 29.76%, mainly due to higher interest rates. These factors put some pressure on the company’s bottom line.
Despite these challenges, National Foods managed to report a 7.11% increase in earnings per share (EPS), which rose to Rs4.67. However, total comprehensive income saw a slight decline of 5.30%, mainly due to losses from foreign exchange fluctuations.
Overall, the company’s performance remained positive, with solid revenue growth and improved profitability, even as external challenges like rising costs and forex losses created some hurdles.
