Gillette Pakistan Ltd. announced Financial Results for the period ended June 30, 2017.
The company reported a decrease of 3.55% in Net Sales for the period ended June, 30 2017, whereas reported losses for the period under review.
The company reported a Loss per share of Rs. 10.08.
The board has not recommended any Cash Dividend for the year ended June 30, 2017. The board issued no bonus or right shares.
Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Year Ended |
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Key Financials |
2017 |
2016 |
% Change |
Amounts in PKR ‘000 |
|||
Net Sales |
1,834,575 |
1,902,154 |
-3.55% |
CoGS |
1,506,003 |
1,472,853 |
2.25% |
Gross Profit |
328,572 |
429,301 |
-23.46% |
Selling, Marketing and Dist: Expenses |
302,272 |
291,378 |
3.74% |
Admin: Expenses |
22,234 |
72,678 |
-69.41% |
Other Operating Expenses |
99,028 |
19,068 |
419.34% |
Bank Charges |
17 |
27 |
-37.04% |
Other Income |
11,562 |
28,344 |
-59.21% |
(Loss)/Profit before Tax |
(83,417) |
74,494 |
|
Income Tax Expense |
110,045 |
103,817 |
6.00% |
Loss after Tax |
(193,462) |
(29,323) |
|
Loss per Share – Basic and diluted |
(10.08) |
(1.53) |
|
Company release on Earnings Report can be accessed here.