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Sunday, February 27, 2011

Wyeth Pakistan posts Rs 26.459 million profit after tax


KARACHI (February 26, 2011): Wyeth Pakistan has posted Rs 26.459 million as profit after tax in the year
ended November 30, 2010 as compared to after tax loss of Rs 86.849 million recorded in the corresponding
period in 2009. The company's earning per share stood at Rs 18.61 in the period under review against per
share loss of Rs 61.09 in the same period a year back.
The board of directors of the company in its meeting held here on Friday recommended a final cash
dividend for the year at Rs 10.00 per share ie 10 percent. According to the financial results sent to Karachi
Stock Exchange (KSE), the company's net sales increased to Rs 2.310 billion against Rs 2.306 billion, while
the cost of sales stood at Rs 1.829 billion against Rs 1.805 billion. The company posted Rs 43.229 million
as profit before taxation in this period against before tax loss of Rs 31.593 million in the same period last a
year back.