Archroma Pakistan ltd enjoys noticeable upsurge in quarterly profits

Dec-18

Dec-17

% Change

Net sales

                  4,068,609

                  2,998,201

35.70%

Cost of goods sold

               (2,919,803)

               (2,123,498)

37.50%

Gross profit

                  1,148,806

                     874,703

31.34%

Distribution and marketing expenses

                   (253,892)

                   (220,517)

15.13%

Administrative expenses

                   (128,031)

                   (122,652)

4.39%

Other expenses

                     (90,492)

                     (44,515)

103.28%

Other income

                          2,914

                          4,700

-38.00%

operating Profit

                     679,305

                     491,719

38.15%

Finance cost

                   (235,698)

                     (97,449)

141.87%

Profit before taxation

                     443,607

                     394,270

12.51%

Taxation - net

                   (110,933)

                   (113,559)

-2.31%

Profit for the year

                     332,674

                     280,711

18.51%

Earnings per share - basic and diluted (Rupees)

                            9.75

                            8.23

18.47%