Abbott Pakistan profit surges 36% to Rs5bn in 9MCY25
MG News | October 29, 2025 at 04:48 PM GMT+05:00
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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