Colgate – Palmolive (Pak) profit rises 11% to Rs. 816 million
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By MG News | October 19, 2017 at 09:53 AM GMT+05:00
- 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
| 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.
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