Abbott Pakistan profit surges 36% to Rs5bn in 9MCY25

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MG News | October 29, 2025 at 04:48 PM GMT+05:00

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October 29, 2025 (MLN): Abbott Laboratories (Pakistan) Limited (PSX: ABOT) reported a net profit of Rs5.37bn for the nine months ended September 30, 2025, up 36% from Rs3.95bn in the corresponding period last year.

Earnings per share increased 36% to Rs54.81 compared to Rs40.34 in 9MCY24.

Net sales rose 13% year-on-year to Rs56.23bn from Rs49.56bn, driven by robust domestic demand. Local sales grew 14% to Rs53.91bn from Rs47.27bn, while export sales increased marginally by 1% to Rs2.32bn from Rs2.29bn.

Cost of sales increased 4% to Rs36.89bn from Rs35.49bn, resulting in a gross profit surge of 37% to Rs19.34bn against Rs14.07bn in 9MCY24.

Selling and distribution expenses climbed 19% to Rs8.50bn from Rs7.12bn last year. Administrative expenses rose 13% to Rs972.5m from Rs857.4m in the prior period.

Other charges more than doubled, increasing 117% to Rs1.26bn from Rs578.9m in 9MCY24. Other income grew 12% to Rs603.3m from Rs541.1m.

Profit before taxation increased 52% to Rs9.16bn from Rs6.04bn in 9MCY24.

Minimum tax differential rose 68% to Rs147.0m from Rs87.3m. Profit after taxation stood at Rs9.01bn, up 51% from Rs5.95bn last year.

The company concluded 9MCY25 with a net profit of Rs5.37bn.

The strong profit growth was primarily driven by a 14% expansion in local sales and improved gross margins despite higher distribution costs, showing Abbott's solid market position in Pakistan's pharmaceutical sector and effective cost management strategies during the period.

STATEMENT OF PROFIT OR LOSS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2025 (Rs.000)

Description

2025

2024

Change%

SALES - NET

Local

53,909,372

47,273,134

14.04%

Export

2,317,551

2,290,945

1.16%

Total Net Sales

56,226,923

49,564,079

13.44%

Cost of sales

(36,886,086)

(35,493,642)

3.92%

GROSS PROFIT

19,340,837

14,070,437

37.46%

Selling and distribution expenses

(8,501,410)

(7,120,361)

19.40%

Administrative expenses

(972,482)

(857,385)

13.42%

Other charges

(1,256,699)

(578,954)

117.06%

Other income

603,335

541,111

11.50%

PROFIT BEFORE TAXATION

9,158,218

6,036,261

51.72%

Minimum tax differential

(146,989)

(87,306)

68.36%

PROFIT AFTER TAXATION

9,011,229

5,948,955

51.48%

NET PROFIT FOR THE PERIOD

5,365,718

3,949,283

35.87%

Earnings Per Share (Rupees)

54.81

40.34

35.87%

 

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