Sanofi – Aventis Pakistan ltd. profit for 9MFY17 rises 56.16% to Rs. 974 million

MG News | October 27, 2017 at 11:13 AM GMT+05:00

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Sanofi – Aventis Pakistan ltd. sales – net for the period increased by 3.38%, amounting to a total of 9.76 billion Rupees during the nine months ended September, 30^th 2017
Company’s Gross Profit for the period increased by 14% 3.6 bilion
Company’s Administrative Expenses and Other operation costs increased by 31.22% and 131.45% respectively
The Profit after tax for the period increased 56.16% reaching 974 million against last year’s nine months profits of Rs. 606 million
The company’s basic earnings per share reached rupees 98.22 against 62.90 rupees in 2016

Comparison of Key Financials
Unconsolidated Profit and Loss Account - For the Nine Months Ended, September 30^th 2017
Key Financials	2017	2016	% Change
	Amounts in PKR ‘000
Net Sales	9,767,953	9,448,593	3.38%
Cost of Sales	6,123,933	6,256,813	-2.12%
Gross Profit	3,644,020	3,191,780	14.17%
Dist: and Marketing Expenses	1,613,300	1,603,527	0.61%
Administrative Expenses	294,998	224,807	31.22%
Other operating expenses	348,888	150,739	131.45%
Other operating income	35,858	27,331	31.20%
Operating Profit	1,422,692	1,240,038	14.73%
Finance costs	29,405	131,394	-77.62%
Profit before Taxation	1,393,287	1,108,644	25.67%
Taxation	445,987	502,005	-11.16%
Net profit for the period	947,300	606,639	56.16%
Basic and diluted - EPS	98.22	62.90	56.15%

Company release on Earnings Report can be accessed here.

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	115,655.00	116,415.00 115,215.00	80.00 0.07%
BRENT CRUDE	68.10	68.11 67.01	0.66 0.98%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	93.40	93.50 93.15	0.55 0.59%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	64.12	64.15 62.89	0.82 1.30%
SUGAR #11 WORLD	15.87	16.10 15.84	-0.13 -0.81%