The profit after tax of Clariant Pakistan Limited has increased to Rs 901.455 million in the nine month period ended September 30, 2012 as compared to Rs 593.150 million earned in the corresponding period in 2011. The board of directors of the company in its meeting declared that the company's earning per share has increased to Rs 26.42 in the period under review against Rs 17.39 in the same period last year.
According to the financial results sent to Karachi Stock Exchange, the company's net sales increased to Rs 7.482 billion in the nine month period this year against Rs 6.553 billion in the same period last year while cost of goods sold increased to Rs 5.415 billion against Rs 4.943 billion.The company's profit before taxation increased to Rs 1,177.723 million in the nine month period this year against Rs 812.384 million in the same period last year.
On quarterly basis, the company's profit after tax increased to Rs 330.376 million translating into per share earning of Rs 9.68 in the quarter ended September 30, as compared to after tax profit of Rs 173.163 million with per share earning of Rs 5.08 in the same quarter last year.