Earnings Report: Gillette Pakistan Ltd. (PSX: GLPL) today reported Financial Results for the Twelve months ended June 30, 2017

MG News | September 26, 2017 at 02:57 PM GMT+05:00

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Gillette Pakistan Ltd. announced Financial Results for the period ended June 30, 2017.

The company reported a decrease of 3.55% in Net Sales for the period ended June, 30 2017, whereas reported losses for the period under review.

The company reported a Loss per share of Rs. 10.08.

The board has not recommended any Cash Dividend for the year ended June 30, 2017. The board issued no bonus or right shares.

Comparison of Key Financials

Unconsolidated Profit and Loss Account - For the Year Ended
Key Financials	2017	2016	% Change
	Amounts in PKR ‘000
Net Sales	1,834,575	1,902,154	-3.55%
CoGS	1,506,003	1,472,853	2.25%
Gross Profit	328,572	429,301	-23.46%
Selling, Marketing and Dist: Expenses	302,272	291,378	3.74%
Admin: Expenses	22,234	72,678	-69.41%
Other Operating Expenses	99,028	19,068	419.34%
Bank Charges	17	27	-37.04%
Other Income	11,562	28,344	-59.21%
(Loss)/Profit before Tax	(83,417)	74,494
Income Tax Expense	110,045	103,817	6.00%
Loss after Tax	(193,462)	(29,323)
Loss per Share - Basic and diluted	(10.08)	(1.53)

Company release on Earnings Report can be accessed here.

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	116,025.00	117,685.00 114,850.00	-1065.00 -0.91%
BRENT CRUDE	67.97	68.59 67.62	-0.50 -0.73%
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	64.04	64.67 63.69	-0.48 -0.74%
SUGAR #11 WORLD	16.23	16.59 16.23	-0.33 -1.99%