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Wyeth Pakistan Limited’s financial results for the quarter and nine months period ended August 31, 2012 (Unaudited)

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Karachi, September 26, 2012 (PPI-OT): We have to inform you that the Board of Directors of our Company in their meeting held on Wednesday, September 26, 2012 at 11:00 A.M. at 12-Dockyard Road, West Wharf, Karachi, recommended the following:

Cash Dividend

An Interim Cash Dividend for the Nine Months period ended August 31, 2012 at Rs. Nil per share i.e. Nil %.

Financial Results

The financial results of the Company are as follows:

For the nine months

For the three months

period ended

period ended

August 31,

August 31,

August 31,

August 31,

2012

2011

2012

2011

(Rupees ‘000)

Continuing operations
Net sales

2,345,612

2,211,924

744,482

744,289

Cost of sales

1,772,907

1,648,397

564,990

546,129

———

———

——-

——-

Gross profit

572,705

563,527

179,492

198,160

Selling, marketing and
distribution expenses

290,646

278,293

83,101

95,412

Administrative expenses

69,050

59,860

22,349

17,999

———

———

——-

——-

359,696

338,153

105,450

113,411

———

———

——-

——-

213,009

225,374

74,942

84,749

Other operating income

26,449

33,873

16,124

9,513

Other operating expenses

32,126

32,631

19,897

4,644

———

———

——-

——-

(5,677)

1,242

(3,773)

(5,131)

———

———

——-

——-

Other operating profit

207,332

226,616

70,269

79,618

Finance cost

833

1,202

746

601

———

———

——-

——-

Profit before taxation

206,499

225,414

69,523

79,017

Taxation
Current – for the period

81,929

97,809

42,880

21,100

– for prior years

12,500

Deferred

(2,524)

(8,970)

34

1,091

———

———

——-

——-

79,405

101,339

42,914

25,191

———

———

——-

——-

Profit after tax from continuing
operations

127,094

124,075

26,609

53,826

Discontinued operations
(Loss)/ profit for the period
from discontinued operations
(net of tax)

(5,386)

17,462

(5,336)

8,060

———

———

——-

——-

Total profit after tax for the
period

121,708

141,537

21,273

61,886

———

———

——-

——-

Rupees

Rupees

Earnings/ (loss) per share
– From continuing operations

89.40

87.28

18.72

37.86

– From discontinued operations

(3.79)

12.28

(3.75)

5.67

———

———

——-

——-

Earnings per share- basic and
diluted

85.61

99.56

14.96

43.53

For more information, contact:
Abdul Majeed
Chairman/ Chief Executive
Wyeth Pakistan Limited
S-33, Hawks Bay Road, S.I.T.E.,
P. O. Box 167, Karachi – Pakistan
Tel: 32354651-60
UAN: 111 777 333
Fax: +92 (0) 21-3235-4681
E-mail: wyethpak@wyeth.com

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