Karachi: Gillette Pakistan Limited released its financial performance data for the years ending December 31, 2023, and December 31, 2024. The company reported a consistent increase in its unappropriated profit and total equity over the two-year period.
For the fiscal year ending December 31, 2023, Gillette Pakistan Limited's issued, subscribed, and paid-up capital remained at 318.72 million rupees. The unappropriated profit was reported at 718.32 million rupees, up from 693.23 million rupees as of July 1, 2023. The total equity rose to 1.04 billion rupees from 1.01 billion rupees at the beginning of the fiscal year, reflecting a profit after taxation of 25.09 million rupees.
The following fiscal year, ending December 31, 2024, continued to show growth. The issued, subscribed, and paid-up capital was consistent at 318.72 million rupees. Unappropriated profit increased to 821.97 million rupees from 800.27 million rupees as of July 1, 2024. The total equity stood at 1.14 billion rupees, up from 1.12 billion rupees, with a profit after taxation amounting to 21.70 million rupees.
According to information available from the Pakistan Stock Exchange (PSX), the company's steady financial performance is indicative of its strategic operations and market positioning. The designated market category for Gillette Pakistan Limited remains consistent with its financial disclosures.
The comprehensive income for both fiscal years was equivalent to the profit after taxation, with no other comprehensive income reported in either year.