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HomeFinanceStock MarketCOLGATE PALMOLIVE PAKISTAN NE SPECIAL DIVIDEND AND 100% BONUS ANNOUNCED KIYA HAI

COLGATE PALMOLIVE PAKISTAN NE SPECIAL DIVIDEND AND 100% BONUS ANNOUNCED KIYA HAI

Colgate-Palmolive (Pakistan) Limited (COLG) ne exchange ko company filing k according per share PKR 40 ke dividend or 100 percent bonus share karne k bare me announce kiya hai.

Company ne June 30, 2023 for the year ended tak dividend PKR 40 per share jaari kiya hai, jiski value Rs 10. Each  hai, i.e 400%, har ek share ke liye ek bonus share ki jari kiya gaya hai, i.e 400%. Ye entitlement un shareholders ko di jayengi jinka naam Register of numbers mein June 15, 2023 ko shamil hoga. Company ne July se March tak ke dauran PKR 4.6 billion ke munafa ke muqable mein PKR 7.2 billion i.e 55 percent profit kiya hai. Company ka gross margin 27.45 percent ho gayi hai July se March tak, jismein pichle saal ki 26.44 percent se improve hui hai.

Company ke Chief Executive Officer Zulfiqar Ali Lakhani ne kaha “Company ne volume aur favorable product mix ke change hone ki wajah se strong revenue aur profit mein izafa karne ka kaam kiya hai. Selling aur distribution cost mein izafa hua hai, jis main advertising expenses or fuel prices ke barhne ka sabab hai,” 

“Raw material aur spare parts ke liye LCs khulne par restriction lagane ke saath hi, Foreign suppliers ko payments mein delay hone ki wajah se aaye huye import restrictions ne business  ki operation ko khatre mein daal diya hai. In mushkilat bhare halaat ke baais(Owing to these challenging circumstances), agar yeh haalat kuch aur maheenon tak continue rahe, toh company ko shortage aur supply chain disruption face karna par sakta hai,” Zulfiqar ne mazeed kaha.

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