Pakistan Tobacco announced it’s Financial Results for the half year ended June 30, 2017.
The company’s Gross Turnover decreased by 38.60 percent in the outgoing year, whereas Profit after Taxation for the Period decreased 57 .91 percent in comparison to previous year.
The company issued no Cash Dividend, Right Shares or any Bonus Shares.
Comparison of Key Financials:
Half Year Ended
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Key Financials |
June 30, 2017 |
June 30, 2016 |
% Change |
Gross Turnover |
50,474,559 |
82,208,521 |
-38.60% |
Excise Duties |
24,708,672 |
40,994,496 |
-39.73% |
Sales Tax |
7,551,721 |
12,366,193 |
-38.93% |
Net Turnover |
18,214,166 |
28,847,832 |
-36.86% |
Cost of Sales |
9,881,634 |
14,150,118 |
-30.17% |
Gross Profit |
8,332,532 |
14,697,714 |
-43.31% |
Selling and Distribution Expenses |
2,027,641 |
2,386,918 |
-15.05% |
Administrative Expenses |
1,111,488 |
1,115,334 |
-0.34% |
Other operating Expenses |
444,108 |
830,562 |
-46.53% |
Other operating Income |
24,263 |
38,133 |
-36.37% |
Operating Profit |
4,773,558 |
10,403,033 |
-54.11% |
Finance Income |
62,011 |
276,801 |
-77.60% |
Finance Cost |
26,894 |
26,655 |
0.90% |
Net Finance Income |
35,117 |
250,146 |
-85.96% |
Profit before Income Tax |
4,808,675 |
10,653,179 |
-54.86% |
Income tax Expense |
1,832,196 |
3,581,879 |
-48.85% |
Profit for the Period |
2,976,479 |
7,071,300 |
-57.91% |
Earnings per share (Rupees) |
11.65 |
27.68 |
-57.91% |
Rupees in ‘000
The complete statements can be accessed here.