Earnings Report: Phillip Morris Pakistan (PSX: PMPK) today reported Financial Results for the Three and Six months ended June 30, 2017

By MG News | August 25, 2017 at 10:55 AM GMT+05:00

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Phillip Morris Pakistan announced Financial Results for the period ended June 30, 2017.

The company’s Net Turnover for the period decreased by 57.37 percent in the outgoing year, whereas the company suffered losses for the period.

The board has did not recommended any cash dividend, no bonus or right shares.

Comparison of Key Financials

Unconsolidated Profit and Loss Account - For the Six Months Ended
Key Financials	Jan - June, 2017	Jan - Jun, 2016	% Change	Common Size 2017
	Amounts in PKR ‘000
Net Turnover	4,185,515	9,817,910	-57.37%	100%
Cost of Sales	2,843,416	4,948,137	-42.54%	68%
Gross Profit	1,342,099	4,869,773	-72.44%	32%
Dist: and Marketing Expenses	1,160,981	1,556,274	-25.40%	28%
Admin: Expenses	614,563	671,119	-8.43%	15%
Other Expenses	35,094	208,438	-83.16%	1%
Other Income	55,814	46,483	20.07%	1%
Operating (loss)/Profit	(412,725)	2,480,425		-10%
Finance Cost & Bank Charges	65,071	281,002	-76.84%	2%
(Loss)/before Taxation	(477,796)	2,199,423		-11%
Taxation	14,346	654,879	-97.81%	0%
(Loss)/after Taxation	(463,450)	1,544,544		-11%
(Loss)/EPS - Basic & diluted	(7.53)	24.61		0%

Company release on Earnings Report can be accessed here.

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,655.00	108,880.00 107,680.00	200.00 0.18%
BRENT CRUDE	69.44	69.50 69.03	-0.14 -0.20%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	2.90 3.07%
ROTTERDAM COAL MONTHLY	106.00	106.75 106.00	0.25 0.24%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	67.71	67.97 67.40	-0.22 -0.32%
SUGAR #11 WORLD	16.25	16.46 16.07	-0.13 -0.79%