Pakistan Tobacco Company Ltd. reported earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, net turnover was PKR 6,745,704,000 against PKR 8,459,199,000 a year ago. Operating profit was PKR 1,658,199,000 against PKR 2,311,447,000 a year ago. Profit before income tax was PKR 1,717,441,000 against PKR 2,334,651,000 a year ago. Profit for the period was PKR 1,197,913,000 against PKR 1,595,658,000 a year ago. Earnings per share were PKR 4.69 against PKR 6.24 a year ago.

For the nine months, net turnover was PKR 35,593,536,000 against PKR 33,020,376,000 a year ago. Operating profit was PKR 12,061,231,000 against PKR 9,315,584,000 a year ago. Profit before income tax was PKR 12,370,619,000 against PKR 9,533,255,000 a year ago. Profit for the period was PKR 8,269,213,000 against PKR 6,332,470,000 a year ago. Earnings per share were PKR 32.36 against PKR 24.78 a year ago.

The company at its board meeting held on October 19, 2016, approved an interim cash dividend of PKR 8.00 per share. The above entitlement will be paid to the shareholders whose names will appear in the register of members on November 17, 2016.