Colgate-Palmolive (Pakistan) Limited (COLG): FY23 Corporate Briefing Takeaways – By Taurus Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">FY23: Revenue grew 46%YoY to PKR 120Bn and gross margins improved by 3pptsYoY to ~29%. Moreover, PAT grew 77%YoY to PKR 10Bn. The Company paid 90% of its earnings as dividends.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Formed in 1977 as National Detergents Limited and later in 1990 name was changed after Colgate-Palmolive, USA acquired a 30% stake in the Company. The other major partner is the Lakson group. Principal activity includes manufacturing and marketing of home and personal care products. Has facilities in Kotri, Sindh and Sundar Industrial Estate, Punjab. Products include Bonus (Fabric Care), Brite (Fabric Care), Express (Fabric Care), Colgate (Oral Care), Palmolive (Personal Care...