Corporate Alert: Colgate Palmolive announces Cash Dividend of 200% and reports an EPS of 67.91 for the Year ended June 30, 2017

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By MG News | July 27, 2017 at 11:26 AM GMT+05:00

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Colgate Palmolive announced its financial results for the year ended June 30, 2017.

The company's Turnover increased 13 percent in the outgoing year, whereas Profit after Taxation for the period increased 16percent in comparison to previous year.

The Company issued a final Cash Dividend of the year ended June 30, 2017 @ Rs. 20/- per share of Rs. 10/- each i.e. 200%.

Comparison of Key Financials

For the Year Ended

Key Financials

June 30, 2017

June 30, 2016

% Change

Turnover

37,498,961

33,135,291

13%

Sales Tax

5,954,616

5,278,903

13%

Trade and Other Discounts

2,207,620

2,038,419

8%

Net Turnover

29,336,725

25,817,969

14%

Cost of Sales

18,344,900

16,502,405

11%

Gross Profit

10,991,825

9,315,564

18%

Selling and Distribution Costs

5,803,719

4,870,647

19%

Administrative Expenses

392,443

325,531

21%

Other Expenses

397,171

336,846

18%

Other Income

459,509

416,927

10%

Profit from Operations

4,858,001

4,199,467

16%

Finance Cost and Bank Charges

24,534

23,476

5%

Profit before Taxation

4,833,467

4,175,991

16%

Taxation

1,577,045

1,357,102

16%

Profit after Taxation

3,256,422

2,818,889

16%

Other Comprehensive Income/(Loss) for the year - Net of Tax

21,892

3,735

486%

Total Comprehensive income for the year

3,234,530

2,822,624

15%

Earnings per share - basic and dilutive

67.91

58.78

16%

Rupees in ‘000

The complete statements can be accessed here.

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