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Wednesday, January 20th, 2021

Colgate Palmolive (Pakistan) Limited’s financial results for the half year ended 31 December 2011

Be First!

Karachi: We have to inform you that the Board of Directors of the Company in their meeting held on Friday 27 January 2012 at 9:30 a.m. at the registered office at Lakson Square, Building No.2, Sarwar Shaheed Road, Karachi consider and approved the un-audited financial statements of the Company for the half-year ended 31 December 2011 duly reviewed by the auditors of the Company.

The financial results of the Company are as follows:

 

Quarter ended

Six months period ended

December

December

December

December

31,

31,

31,

31,

2011

2010

2011

2010

(Rupees in ‘000)

Turnover5,738,5684,456,01811,094,9618,354,987
Sales tax(832,442)(672,633)(1,618,707)(1,266,509)
Special excise duty(34,947)(65,777)
Trade discounts(263,744)(237,129)(545,146)(460,100)
————————————
Net turnover4,642,3823,511,3098,931,1086,562,601
Cost of sales(3,343,535)(2,496,156)(6,384,305)(4,683,976)
————————————
Gross profit1,298,8471,015,1532,546,8031,878,625
Selling and distribution costs(657,088)(511,601)(1,248,374)(1,001,143)
Administrative expenses(45,614)(39,497)(88,813)(75,495)
Other operating expenses(50,262)(40,334)(97,810)(72,803)
Other operating income10,72211,04323,70629,446
————————————
Profit from operations556,605434,7641,135,512758,630
Finance costs(3,778)(2,792)(10,174)(5,453)
————————————
Profit before taxation552,827431,9721,125,338753,177
Taxation:
Current – for the period80,320155,000280,320271,000
For prior years(51)(191)
Deferred93,843(9,174)91,784(14,174)
————————————
(174,163)(145,775)(372,104)(256,635)
————————————
Profit after taxation378,664286,197753,234496,542
Other Comprehensive income for the period
Unrealized gain on investments
Classified as ‘available for sale’2,8254,210
————————————
Total comprehensive income for the period378,664289,022753,234500,752
————————————
Earnings per share (restated) – (Rupees)10.427.8820.7313.67

 

 

For more information, contact:
Tasleemuddin A. Batlay
Director
Colgate Palmolive (Pakistan) Limited
Lakson, Square, Building No.2,
Sarwar Shaheed Road Karachi-74200
Telephone: 3569 8000
Fax: 92-21-3568 4712
E-Mail: colgatep@cyber.net.pk

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