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

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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 SalesGross 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.

Posted on: 2017-08-25T10:33:00+05:00