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 137,586.28
159.07M
0.79%
1083.74
ALLSHR 85,653.41
474.43M
0.67%
573.50
KSE30 41,907.71
41.72M
0.85%
355.09
KMI30 193,260.85
32.14M
-0.04%
-69.91
KMIALLSHR 56,310.44
226.34M
-0.01%
-4.86
BKTi 39,432.49
24.06M
2.43%
934.41
OGTi 28,152.66
1.83M
0.05%
14.28
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,430.00 120,695.00
116,740.00
-2805.00
-2.33%
BRENT CRUDE 68.93 69.17
68.80
-0.28
-0.40%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.25
0.26%
ROTTERDAM COAL MONTHLY 106.50 106.60
106.50
-2.20
-2.02%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.64 66.99
66.51
-0.34
-0.51%
SUGAR #11 WORLD 16.31 16.67
16.27
-0.26
-1.57%

Chart of the Day


Latest News
July 15, 2025 at 11:47 AM GMT+05:00

Govt sets sugar ex-mill price at Rs165 per Kg


July 15, 2025 at 11:25 AM GMT+05:00

Saudi Riyal available at PKR 76.8 in open market


July 15, 2025 at 10:46 AM GMT+05:00

Fast Cables certified by TAQA for global projects


July 15, 2025 at 10:24 AM GMT+05:00

Pakistan, UK launch Trade Dialogue in London


July 15, 2025 at 10:05 AM GMT+05:00

FinMin praises SBP, banks for priority sector growth



Top 5 things to watch in this week

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