Unilever Consumer Care Limited reported a profit of Tk73.05 crore in the financial year that ended on December 31, up 38.45% year-on-year, the company said in a disclosure recently.
The profit stood at Tk52.76 crore in 2021.
The board of directors of the multinational company approved the audited financial statements for 2022 on Thursday.
It showed earnings per share rose to Tk60.64 in 2022 from Tk43.80 in 2021.
In 2022, the business saw a significant increase in raw and packing material cost that impacted the overall business performance, said Unilever in a disclosure.
While increased cost could not be covered up through price, the EPS showed an improvement mainly due to one-off benefit coming out of reassessment of past liabilities and obligations in light of the current business challenges, it said.
Net operating cash flow per share of Unilever Consumer Care declined 41.70% to Tk30.11 last year from Tk51.65 a year earlier, mainly due to a significant increase in raw and packing material prices along with a significant increase in foreign exchange rate partly offset by the efficiency in trade spends and overhead expenses.
The net asset value per share was Tk139.60 in 2022 compared to Tk122.88 in 2021, an increase of 13.61%.
The multinational company has declared a 300% dividend for 2022: 240% cash dividend and 60% stock dividend.
This was the first time Unilever Consumer Care has announced any stock dividend.
