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KARACHI:National Foods earnings declined significantly on the back of higher distribution costs and administrative expenses during the six-month period that ended December 31, 2013, according to an official notification sent to the Karachi Stock Exchange on Monday.Arguably the country s biggest maker of spices and pickles for over 30 years, the company saw its profits decline by 16.6% to Rs366 million or Rs7.07 per share during the first half of the fiscal year (FY)2014 compared wi adidas campus 80s th Rs439 million or Rs8.48 per share in the corresponding period of the last fiscal year.The quarterly results presented an even more disappointing picture with profits declining by 38% to Rs148 million during October-December quarter compared with Rs239 million of the same quarter last year.The company s revenues increased by 6.4% to Rs4.5 billion in the first half of FY2 yeezy 014 compared with Rs4.3 billion in the corresponding period of FY2013. The gross profit margin remained stab adidas campus 00s le. It is mainly the higher di A 6.1 magnitude earthquake shook Indonesia on Thursday.According to Indonesia rsquo;s Meteorology, Climatology, and Geophysics Agency (BMKG), the earthquake hit the country rsquo;s West Java province at around 7:50 a.m. (0050GMT).The Southeast Asian nation saw several tremors in over a month.Th new balances 530 e US Geological Survey also reported the tremor, saying a 5.5 magnitude earthquake struck the Abepura region of the country.Triggering panic among the local populace, the epicenter of the earthquake was located within 22 kilometers (13.6 miles) southeast of Sukabumi city, at a depth of 104 km (64.6 miles).There was no report of any damage to life or property.On Tuesday, a 6.4 magnitude earthquake shook Indonesia.Last month, a 5.6 magnitude earthquake hit the Southeast nation, killing 321 people and damaging air max 98 62,000 homes in the western Java district of C air max97 ianjur.
KARACHI:National Foods earnings declined significantly on the back of higher distribution costs and administrative expenses during the six-month period that ended December 31, 2013, according to an official notification sent to the Karachi Stock Exchange on Monday.Arguably the country s biggest maker of spices and pickles for over 30 years, the company saw its profits decline by 16.6% to Rs366 million or Rs7.07 per share during the first half of the fiscal year (FY)2014 compared wi adidas campus 80s th Rs439 million or Rs8.48 per share in the corresponding period of the last fiscal year.The quarterly results presented an even more disappointing picture with profits declining by 38% to Rs148 million during October-December quarter compared with Rs239 million of the same quarter last year.The company s revenues increased by 6.4% to Rs4.5 billion in the first half of FY2 yeezy 014 compared with Rs4.3 billion in the corresponding period of FY2013. The gross profit margin remained stab adidas campus 00s le. It is mainly the higher di A 6.1 magnitude earthquake shook Indonesia on Thursday.According to Indonesia rsquo;s Meteorology, Climatology, and Geophysics Agency (BMKG), the earthquake hit the country rsquo;s West Java province at around 7:50 a.m. (0050GMT).The Southeast Asian nation saw several tremors in over a month.Th new balances 530 e US Geological Survey also reported the tremor, saying a 5.5 magnitude earthquake struck the Abepura region of the country.Triggering panic among the local populace, the epicenter of the earthquake was located within 22 kilometers (13.6 miles) southeast of Sukabumi city, at a depth of 104 km (64.6 miles).There was no report of any damage to life or property.On Tuesday, a 6.4 magnitude earthquake shook Indonesia.Last month, a 5.6 magnitude earthquake hit the Southeast nation, killing 321 people and damaging air max 98 62,000 homes in the western Java district of C air max97 ianjur.
