Colgate – Palmolive (Pak) profit rises 11% to Rs. 816 million

  • Colgate – Palmolive Net Turnover for the period increased by 16%, amounting to a total of 7.10 billion Rupees during the Quarter ended September, 30th 2017
  • Company’s Administrative Expenses and Finance Costs increased by 21.41% and 20.37% respectively
  • The Profit after tax for the period increased 11% reaching 816 million million compared to same year last year’s profit of 735 million Rupees.
  • The company’s earnings per share reached 17 Rupees/Share
Comparison of Key Financials

Unconsolidated Profit and Loss Account – For the Quarter Ended, September 30th 2017

Key Financials

2017

2016

% Change

 

Amounts in PKR ‘000

Turnover

10,129,429

8,794,812

15.18%

Sales Tax

1,603,543

1,391,293

15.26%

Trade Discounts

595,126

542,471

9.71%

Net Turnover

7,930,760

6,861,048

15.59%

Cost of Sales

5,070,552

4,319,640

17.38%

Gross Profit

2,860,208

2,541,408

12.54%

Selling & Distribution Expenses

1,561,688

1,350,409

15.65%

Admin: Expenses

108,265

89,175

21.41%

Other Expenses

97,155

88,705

9.53%

Operating Profit

1,168,768

1,080,461

8.17%

Finance Costs

6,400

5,317

20.37%

Profit before Taxation

1,162,368

1,075,144

8.11%

Taxation

345,800

339,310

1.91%

PAT

816,568

735,834

10.97%

Total Comprehensive Income for the year

848,863

760,994

11.55%

Earnings per Share

17.03

15.34

11.02%

Company release on Earnings Report can be accessed here.

Posted on: 2017-10-19T09:53:00+05:00