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HomeEquityEarnings Report: Gillette Pakistan Ltd. (PSX: GLPL) today reported Financial Results for...

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

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.

Posted on: 2017-09-26T14:57:00+05:00
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