Earnings Report: Sanofi Aventis Pakistan Ltd. (PSX: SAPL) today reported Financial Results for the Three and Six months ended June 30, 2017

By MG News | August 25, 2017 at 10:33 AM GMT+05:00

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

The company’s Net Sales for the period increased by 16 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 152 percent.

The board has did not recommend any Cash Dividend, 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 Sales	6,629,117	5,715,606	15.98%	100%
Cost of Sales\\Gross Profit	4,156,510	3,779,998	9.96%	91%
Gross Profit	2,472,607	1,935,608	27.74%	47%
Dist: & Marketing Expenses	1,122,146	1,165,334	-3.71%	28%
Admin: Expenses	198,623	148,609	33.65%	4%
Other Expenses	210,656	76,393	175.75%	2%
Other income	27,616	17,342	59.24%	0%
Operating Profit	968,798	562,614	72.20%	14%
Finance Costs	27,388	93,583	-70.73%	2%
Profits before Taxation	941,410	469,031	100.71%	11%
Taxation	328,799	226,476	45.18%	5%
Net Profit/(Loss)	612,611	242,555	152.57%	6%
EPS - Basic & Diluted	63.52	25.15	152.56%	0%

Company release on Earnings Report can be accessed here.

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