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.
