Wyeth Pakistan announced its financial results for the six months period ended May 31, 2017.
The company’s Profit increased by 16percent in the outgoing year, whereas profit after taxation for the period increased 18percent in comparison to previous year.
The Company issued no Cash Dividend for the second quarter and six months period ended May 31, 2017.
Comparison of Key Financials:
For the Six Month Period
Key Financials
May 31, 2017
May 31, 2016
% Change
Net Sales
684,401.00
584,986.00
17%
Cost of Sales
551,980.00
510,042.00
8%
Gross Profit
132,421.00
74,944.00
77%
Selling, Marketing and distribution expenses
85,613.00
73,429.00
17%
Administrative Expenses
52,703.00
39,791.00
32%
Other Incomes
11,700.00
9,578.00
22%
Other Expenses
462.00
477.00
-3%
Finance Costs
488.00
319.00
53%
Profit/(Loss) before taxation
4,855.00
-29,494.00
Total – Taxation
1,365.00
17,034.00
-92%
Profit/(Loss) after tax from continuing Operations
3,490.00
-46,528.00
Discounted Operations
Profit/(Loss) after tax from discontinued Operations – Net of Tax
74,215.00
3,742.00
1883%
Profit/(Loss) for the period
77,705.00
-42,786.00
-282%
Earnings/(loss) per share – basic and diluted
54.65
-30.10
Earnings/(loss) per share – basic and diluted – continuing operations