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Tuesday, November 21st, 2017

Wyeth Pakistan Limited’s financial results for the quarter and nine months period ended August 31, 2011 (Unaudited)

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by September 22, 2011 Financial Results

Karachi: We have to inform you that the Board of Directors of our Company in their meeting held on Thursday, September 22, 2011 at 11:30 AM at 12-Dockyard Road, West Wharf, Karachi, recommended the following:

Cash Dividend

An Interim Cash Dividend for the Nine Months period ended August 31, 2011 at Rs. Nil. Per share i.e. Nil %.

The financial results of the Company are as follows:

 

For the nine months

For the nine months

period ended

period ended

August 31,

August 31,

August 31,

August 31,

2011

2010

2011

2010

(Rupees ’000)

(Rupees ’000)

Net sales 2,322,091 1,712,813 778,117 512,891
Cost of sales 1,718,480 1,333,953 567,001 393,983
 ——— ———  ——– ——–
Gross profit  603,611  384,860 211,116 118,908
Selling, marketing and
distribution expenses 295,823  252,283  98,819 91,054
Administrative expenses 62,841 100,773 18,803 20,796
 ——— ———  ——–  ——–
 358,664  353,056  117,622 111,850
——— ———  ——– ——–
Operating profit  244,947 31,804 93,494 7,058
Other operating income 33,873 11,213 9,513 6,019
 ———  ———  ——–  ——–
278,820 43,017 103,007 13,077
 ——— ———  ——– ——–
Other operating expenses 34,064 4,881 15,329 1,353
Finance cost 1,202 2,780 601 185
35,266 7,661 15,930 1,538
 ———  ———  ——– ——–
Profit before taxation 243,554  35,356 87,077  11,539
Taxation
Current – for the period 98,487  32,209 24,100  (3,111)
– for prior years 12,500  –  –  –
Deferred  (8,970)  (6,127) 1,091 (1,734)
——— ——— ——– ——–
141,537 26,082  25,191 (4,845)
 ———  ———  ——–  ——–
Profit after taxation 141,537  9,274  61,886 16,384
  ———  ———   ——–  ——–

(Rupees)

(Rupees)

Earnings per share basic and diluted 99.56   6.52  43.53   11.52

 

For more information, contact:
Abdul Majeed
Chairman and Chief Executive
Wyeth Pakistan Limited
S-33, Hawkes Bay Road, SITE.,
P.O. Box 167, Karachi- Pakistan
Tel: 32354651-80
UAN: 111 777 333
Fax: +92 (0) 21-3235-4681
E-mail: wyethpak@wyeth.eom

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