Murree Brewery Co. Ltd. said its normalized net income for the fiscal second quarter ended Dec. 31, 2014, was 11.49 Pakistani rupees per share, an increase of 47.8% from 7.77 rupees per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 264.8 million rupees, an increase of 47.8% from 179.2 million rupees in the year-earlier period.
The normalized profit margin increased to 21.3% from 17.6% in the year-earlier period.
Total revenue increased 22.0% on an annual basis to 1.24 billion rupees from 1.02 billion rupees, and total operating expenses rose 11.9% year over year to 820.5 million rupees from 733.3 million rupees.
Reported net income grew 36.6% year over year to 286.1 million rupees, or 12.41 rupees per share, from 209.4 million rupees, or 9.08 rupees per share.
As of Feb. 27, US$1 was equivalent to 101.83 Pakistani rupees.
