- Pakistan Tobacco Net Turnover for the period decreased by 13%, amounting to a total of 80.65 billion Rupees during the Quarter ended September, 30th 2017
- Company’s Gross Profit for the period decreased by 15%
- The Profit after tax for the period decreased 18% reaching 6.7 billion compared to same year last year’s profit of 8.2 billion Rupees.
- The company’s earnings per share reached 26.44 Rupees/Share
- Pak Tobacco declared an Interim Cash Dividend for the Quarter ended 30th September 2017 at Rs.10 per share i.e. 100 %
Unconsolidated Profit and Loss Account – For the Quarter Ended, September 30th 2017 |
|||
---|---|---|---|
Key Financials |
2017 |
2016 |
% Change |
Amounts in PKR ‘000 |
|||
Gross turnover |
80,659,273 |
101,861,449 |
-20.81% |
Excise duties |
(37,710,695) |
(50,959,358) |
-26.00% |
Sales tax |
(12,125,629) |
(15,308,555) |
-20.79% |
Net turnover |
30,822,949 |
35,593,536 |
-13.40% |
Cost of sales |
(15,501,633) |
(17,596,079) |
-11.90% |
Gross profit |
15,321,316 |
17,997,457 |
-14.87% |
Selling and distribution Expenses |
|
|
|
Expenses |
(2,946,321) |
(3,509,674) |
-16.05% |
Administrative expenses |
(1,516,146) |
(1,512,437) |
0.25% |
Other operating expenses |
(880,097.00) |
(954,947.00) |
-7.84% |
Other operating income |
130,962 |
40,832 |
220.73% |
|
(5,211,602) |
(5,936,226) |
-12.21% |
Operating profit |
10,109,714 |
12,061,231 |
-16.18% |
Finance income |
88,010 |
346,161 |
-74.58% |
Finance cost |
(50,397) |
(36,773) |
37.05% |
Net finance (cost) / income |
37,613 |
309,388 |
-87.84% |
Profit before income tax |
10,147,327 |
12,370,619 |
-17.97% |
Income tax expense |
(3,392,294) |
(4,101,406) |
-17.29% |
Profit for the period |
6,755,033 |
8,269,213 |
-18.31% |
Earnings per share (Rupees) |
26.44 |
32.36 |
-18.29% |
Company release on Earnings Report can be accessed here.