Gillette Pakistan reports losses for Q1FY18 worth Rs. 42.07 million

  • Gillette Pakistan sales for the period increased by 12.67%, amounting to a total of 464 million Rupees during the quarter ended September, 30th 2017
  • Company’s Gross Profit decreased by 18.42% owing to an increase in 28.5% in cost of sales
  • The company reported a loss of 42 million, against 24 million profits from same quarter last year
  • The company’s earnings per share fell to -2.19 rupees in the last three months vs 1.29 in same quarter during 2016
Comparison of Key Financials

Unconsolidated Profit and Loss Account – For the Three Months Ended, September 30th 2017

Key Financials

2017

2016

% Change

 

Amounts in PKR` 000

Sales – net

464,248

412,055

12.67%

Cost of Goods Sold

350,751

272,933

28.51%

Gross Profit

113,497

139,122

-18.42%

Other income

1,152

3,076

-62.55%

Selling, marketing and distribution expenses

111,188

78,799

41.10%

Administrative expenses

11,600

12,949

-10.42%

Other operating expenses

13,600

3,967

242.83%

Bank charges

215

6

3483.33%

Profit/(Loss) before tax

(21,954)

46,477

 

Taxation

20,063

21,728

-7.66%

Profit/(Loss) after tax

(42,017)

24,749

 

EPS – basic and diluted

(2.19)

1.29

 

Company release on Earnings Report can be accessed here.

Posted on: 2017-10-26T13:51:00+05:00