Phillip Morris Pakistan announced Financial Results for the period ended June 30, 2017.
The company’s Net Turnover for the period decreased by 57.37 percent in the outgoing year, whereas the company suffered losses for the period.
The board has did not recommended any cash dividend, no bonus or right shares.
Comparison of Key Financials
|
Unconsolidated Profit and Loss Account – For the Six Months Ended |
||||
|
Key Financials |
Jan – June, 2017 |
Jan – Jun, 2016 |
% Change |
Common Size 2017 |
| Â |
Amounts in PKR ‘000 |
 |
||
|
Net Turnover |
4,185,515 |
9,817,910 |
-57.37% |
100% |
|
Cost of Sales |
2,843,416 |
4,948,137 |
-42.54% |
68% |
|
Gross Profit |
1,342,099 |
4,869,773 |
-72.44% |
32% |
|
Dist: and Marketing Expenses |
1,160,981 |
1,556,274 |
-25.40% |
28% |
|
Admin: Expenses |
614,563 |
671,119 |
-8.43% |
15% |
|
Other Expenses |
35,094 |
208,438 |
-83.16% |
1% |
|
Other Income |
55,814 |
46,483 |
20.07% |
1% |
|
Operating (loss)/Profit |
(412,725) |
2,480,425 |
 |
-10% |
|
Finance Cost & Bank Charges |
65,071 |
281,002 |
-76.84% |
2% |
|
(Loss)/before Taxation |
(477,796) |
2,199,423 |
 |
-11% |
|
Taxation |
14,346 |
654,879 |
-97.81% |
0% |
|
(Loss)/after Taxation |
(463,450) |
1,544,544 |
 |
-11% |
|
(Loss)/EPS – Basic & diluted |
(7.53) |
24.61 |
 |
0% |
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Company release on Earnings Report can be accessed here.
