Karachi: Murree Brewery Co. Ltd has reported its financial results for the six months ending December 31, 2024, with the Board of Directors announcing an interim cash dividend of Rs. 12 per share, equivalent to 120%. This follows an earlier interim dividend of Rs. 5 per share, or 50%, as disclosed in a meeting held on February 21, 2025, in Rawalpindi.

The board's recommendation will benefit shareholders listed in the Register of Members as of February 26, 2025. Following this date, the company's share transfer books will be closed from February 27 to February 28, 2025, inclusive.

According to the financial statements, the company reported a net turnover of Rs. 13.16 billion for the six months ended December 31, 2024, compared to Rs. 10.76 billion for the same period in 2023. The cost of sales increased to Rs. 9.48 billion from Rs. 8.10 billion, resulting in a gross profit of Rs. 3.68 billion, up from Rs. 2.66 billion the previous year.

Operating profit for the period reached Rs. 2.42 billion, a significant increase from Rs. 1.58 billion in 2023. Net finance income also rose, totaling Rs. 538.44 million compared to Rs. 268.44 million in the prior year. The profit before tax amounted to Rs. 2.96 billion, up from Rs. 1.85 billion in 2023, while income tax expenses increased to Rs. 1.12 billion from Rs. 697.65 million, resulting in a profit for the period of Rs. 1.84 billion, compared to Rs. 1.15 billion in 2023.

According to information available from the Pakistan Stock Exchange (PSX), earnings per share increased to Rs. 66.64, compared to Rs. 41.66 for the same period last year. The company's cash flows from operating activities generated Rs. 521.66 million, a positive shift from a negative Rs. 257.00 million in 2023.

Investing activities saw a net cash outflow of Rs. 413.22 million, while financing activities reported an outflow of Rs. 544.19 million. As a result, cash and cash equivalents decreased to Rs. 3.30 billion by the end of the period, a decline from Rs. 3.74 billion at the beginning of the period.

Murree Brewery Co. Ltd, operating within the designated market category of the Pakistan Stock Exchange, has not issued any bonus shares or rights shares and has not declared any other entitlements or corporate actions.