Earnings Report: Abbot Laboratories (PSX: ABOT) today reported Financial Results for the three and six months ended June 30, 2017

News Image

MG News | August 21, 2017 at 02:10 PM GMT+05:00

0:00

Abbot Laboratories announced Financial Results for the period ended June 30, 2017.

The company’s Net Sales for the period increased by 10 percent in the outgoing year, whereas the Profit after Taxation for the Period decreased by 1 percent.

Gross Profit increased by 5 percent.

Comparison of Key Financials

Unconsolidated Profit and Loss Account - For the Six Months Ended

Key Financials

Jan - June, 2017

Jan - Jun, 2016

% Change

 

Amounts in PKR ‘000

Net Sales

12,057,546

10,966,427

10%

Domestic

11,377,105

10,363,552

10%

Export

680,441

602,875

13%

CoGS

7,510,737

6,639,710

13%

Gross Profit

4,546,809

4,326,717

5%

Selling and Dist: Expenses

1,844,256

1,631,905

13%

Admin: Expenses

208,714

210,745

-1%

Other charges

275,557

213,334

29%

Other income

231,007

221,848

4%

Finance cost

4,667

2,621

78%

Profit before Taxation

2,444,622

2,489,960

-2%

Taxation

766,656

789,138

-3%

Net PAT

1,677,966

1,700,822

-1%

EPS - Basic and diluted

17.14

17.37

-1%

 

Company release on Earnings Report can be accessed here.

Related News

Name Price/Vol %Chg/NChg
KSE100 157,185.08
38.55M
0.64%
1007.26
ALLSHR 96,225.45
122.97M
0.62%
595.07
KSE30 47,939.33
35.50M
0.55%
260.86
KMI30 231,461.43
17.72M
0.77%
1779.21
KMIALLSHR 64,802.44
45.42M
0.68%
435.67
BKTi 42,194.32
22.80M
0.65%
271.52
OGTi 31,719.38
3.65M
-0.05%
-16.42
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,040.00 118,295.00
116,115.00
2215.00
1.91%
BRENT CRUDE 67.85 68.01
67.50
-0.10
-0.15%
RICHARDS BAY COAL MONTHLY 84.00 0.00
0.00
-0.40
-0.47%
ROTTERDAM COAL MONTHLY 93.50 93.50
93.50
0.15
0.16%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 63.58 63.82
63.24
-0.47
-0.73%
SUGAR #11 WORLD 16.23 16.59
16.23
-0.33
-1.99%

Chart of the Day


Latest News
September 18, 2025 at 09:27 AM GMT+05:00

NBP issues foreign exchange rates


September 18, 2025 at 09:16 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


September 18, 2025 at 12:19 AM GMT+05:00

Pakistan, Saudi Arabia sign Strategic Mutual Defense Agreement


September 17, 2025 at 11:55 PM GMT+05:00

Fed delivers 25 basis-point rate cut



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg