Quice Food Industries Limited Announces Unaudited Earnings Results for the Quarter and Half Year Ended December 31, 2018
February 22, 2019 at 06:14 am EST
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Quice Food Industries Limited announced unaudited earnings results for the quarter and half year ended December 31, 2018. For the quarter, the company reported sales of PKR 22,197,015 against PKR 11,323,618 a year ago. Operating loss was PKR 15,494,947 against PKR 24,438,987 a year ago. Loss after taxation was PKR 15,192,917 against PKR 27,956,554 a year ago. Basic and diluted loss per share was PKR 0.15 against PKR 0.28 a year ago.
For the half year, the company reported sales of PKR 35,658,677 against PKR 36,047,547 a year ago. Operating loss was PKR 39,444,694 against PKR 43,359,699 a year ago. Loss after taxation was PKR 39,791,207 against PKR 46,938,293 a year ago. Basic and diluted loss per share was PKR 0.40 against PKR 0.48 a year ago.
Quice Food Industries Limited is a Pakistan-based company, which is engaged in manufacturing and sale of jam, jelly, syrups, custard powder, pickles, essence, juices and aerated drinks, and its allied products. Its brand portfolio comprises of Soft Drink, Fruit Drink, and Refreshing Syrup. The Soft Drink brand includes Ice Cream Soda, Red Anaar, Apple, and Lychee, among others. The Fruit Drink brand includes 125 ML Little Master Mango, Quice 1 Liter Mango, 1 Liter Frootie Red Anaar, and Quice 200 ML Fruit Punch, among others. The Refreshing Syrup brand includes Ice Cream Syrup and Sharabat Roh-e-Shireen. The Company offers its products through online shopping portals, namely Hum Mart, MyCart.Pk, Quice Easy Delivery (QED), Daraz.Pk, and E-Commerce. The Company exports its products across the United States of America (USA), United Kingdom (UK), South Africa, South Asia, Middle East, and Mauritius regions. It owns production unit 2 located in Rahimabad, SWAT, Khyber Pakhtunkhwa.
QUICE FOOD INDUSTRIES LIMITED 
