煙草在線據(jù)《論壇快報(bào)》報(bào)道編譯 據(jù)巴基斯坦煙草公司(PTC)10月23日公布的財(cái)務(wù)業(yè)績顯示,盡管第三季度的增長速度放緩,但該公司在截至2013年9月30日的9個(gè)月內(nèi)的利潤增長了兩倍多,總收入增長了近五分之一。
作為英美煙草公司的子公司及巴基斯坦最大的煙草制造商,巴基斯坦煙草公司在2013年前9個(gè)月內(nèi)的每日利潤超過1000萬盧比。
巴基斯坦煙草公司在2013年前9個(gè)月內(nèi)的利潤增長134%,達(dá)到27億盧比,即每股盈利10.57盧比,去年同期的利潤為11億盧比,每股盈利4.51盧比。
巴基斯坦煙草公司是金邊臣和約翰·普列爾金葉(該公司的兩個(gè)高端品牌)的制造商,該公司報(bào)告的前9個(gè)月內(nèi)的總收入為227億盧比,比去年同期的190億盧比增長19%。
該煙草巨頭在前9個(gè)月內(nèi)繳納了14億盧比的所得稅,比去年同期向國庫繳納的6.53億盧比的所得稅增長115%。除此之外,該公司前9個(gè)月內(nèi)繳納的消費(fèi)稅達(dá)340億盧比。
與前9個(gè)月所取得的顯著業(yè)績相比,該公司的季度業(yè)績顯示,今年第三季度的業(yè)績并不理想。
截至2013年9月30日的第三季度,巴基斯坦煙草公司的利潤為6.1億盧比,即每股盈利2.39盧比,比去年同期6.91億盧比的利潤(即每股盈利2.71)下降12%。第三季度的總收入為65億盧比,比去年同期58億盧比的總收入增長11%。
對每包卷煙的零售價(jià)所征收的稅率為68.5%到81%,說明對煙草業(yè)征收的稅率最高。
幾乎沒有分析師對該公司的業(yè)績進(jìn)行置評。因?yàn)榘突固篃煵莨静皇橇魍ü?#xff0c;所以對包括卡拉奇證交所在內(nèi)的大部分分析師不產(chǎn)生利益。
此前,巴基斯坦煙草公司上半年的業(yè)績非常好,利潤增長353%,總收入增長23%。Arif Habib公司的研究負(fù)責(zé)人Khurram Shehzad之后對《論壇快報(bào)》稱,上半年的業(yè)績顯著增長,是由于核心盈利能力及其它收入增長的結(jié)果。
相比而言,截至2013年9月底的第三季度,巴基斯坦煙草公司的核心盈利能力為9.3%,低于去年同期11.6%的盈利能力。第三季度的其它收入也降低至1300萬盧比,而去年同期的其它收入為2400萬盧比。
不過,該公司的核心盈利能力從2012年前9個(gè)月內(nèi)的6%增長至今年前9個(gè)月內(nèi)的12%。同樣地,2013年前9個(gè)月內(nèi)的其它收入增長至1.18億盧比,高于去年同期5100萬盧比的其它收入。
Pakistan Tobacco Earnings Soar 134% in Jan-Sept Period
Pakistan Tobacco Company (PTC), despite a slow third quarter growth, more than doubled its profit and increased revenues by nearly a fifth for the nine-month period that ended on September 30, 2013, according to the company's financial results released on Wednesday.
A subsidiary of British American Tobacco and the largest tobacco manufacturer in the country, PTC earned more than Rs10 million a day in profit during the first nine months of 2013.
The company's profit for the period increased 134% to Rs2.7 billion or Rs10.57 per share compared to Rs1.1 billion or Rs4.51 per share in the corresponding period of 2012.
The manufacturer of Benson & Hedges and John Player Gold Leaf - the company's high-end market brands - reported Rs22.7 billion in revenues for the nine-month period, an increase of 19% compared with Rs19 billion earned in the same period last year.
The tobacco giant has paid Rs1.4 billion income tax for the nine months, a 115% increase from Rs653 million it paid to the national exchequer in the corresponding period of 2012. This is in addition to the Rs34 billion it paid as excise duty during the period.
As opposed to the nine-month results, which were impressive, the company's quarterly performance showed that it didn't have a good third quarter this year.
PTC earned Rs610 million or Rs2.39 per share during the quarter ended September 30, 2013, a decline of 12% compared with Rs691 million or Rs2.71 per share in the corresponding period of 2012. Revenues for the quarter increased 11% to Rs6.5 billion compared with Rs5.8 billion in the same quarter last year.
The tax levied on retail price of each packet of cigarettes ranges from 68.5% to 81%, indicating that the tobacco industry is taxed at the highest rate.
There were hardly any analysts available to comment on the company's results. PTC is not a liquid stock, thus it doesn't create interest among majority of analysts covering the Karachi bourse.
Earlier, PTC had an impressive first half, posting a 353% increase in profit and 23% increase in revenues. The abnormal gains were a result of the rise in core profitability and other income, Khurram Shehzad, Head of Research at Arif Habib Corporation then told The Express Tribune.
By contrast, PTC's core profitability for the quarter ended September 2013 was 9.3%, down from 11.6% in the same quarter last year. Other income for the quarter also dropped to Rs13 million compared with Rs24 million of the same quarter last year.
On the other hand, core profitability increased from 6% during the first nine months of 2012 to 12% for the same period this year. Similarly, other income for the nine-month period of 2013 increased to Rs118 million, up from Rs51 million in the corresponding period of 2012. Enditem