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

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%