Karachi: We have to inform you that the board of directors of IBL Healthcare Limited (IBLHL) in their meeting held on Thursday, April 26, 2012 at 12:00 noon at First Floor, NIC Building, Abbasi Shaheed Road, Karachi has approved the condensed interim financial statements of the Company for the quarter ended March 31, 2012 and has recommended the following:
i. Cash Dividend Nil
ii. Bonus Shares Nil
iii. Right Shares Nil
iv. Any other entitlement Nil
The financial results of the Company for the quarter ended March 31, 2012 are attached.
We will be sending you 300 copies of printed accounts for distribution amongst the members of the Exchange.
Apart from the above, the financial statements of the Company for the quarter ended March 31, 2012 will be transmitted through the company’s website www.searlepak.com/iblhe for information of the shareholders and investors in general.
Quarter ended |
Nine months ended |
|||
March 31, |
March 31, |
|||
2012 |
2011 |
2012 |
2011 |
|
Rupees in thousand |
||||
Revenue |
182,377 |
165,604 |
534,714 |
467,274 |
Cost of sales |
126,332 |
122,221 |
370,610 |
339,476 |
——- |
——- |
——- |
——- |
|
Gross profit |
56,046 |
43,383 |
164,044 |
127,798 |
Selling and distribution expenses |
21,805 |
22,575 |
65,914 |
62,189 |
Administrative expenses |
5,442 |
4,760 |
11,928 |
13,290 |
Amortization of intangible assets |
2,175 |
2,175 |
6,525 |
6,525 |
——- |
——- |
——- |
——- |
|
29,422 |
29,510 |
84,367 |
82,004 |
|
——- |
——- |
——- |
——- |
|
Operating profit |
26,623 |
13,873 |
79,677 |
45,794 |
Other operating income |
1,197 |
5 |
3,241 |
31 |
Other charges |
1,463 |
83 |
1,463 |
909 |
Finance costs – net |
3,253 |
1,505 |
9,757 |
1,641 |
——- |
——- |
——- |
——- |
|
Profit before income tax |
23,104 |
12,290 |
71,698 |
43,275 |
Income tax expense |
2,851 |
949 |
6,180 |
6,623 |
——- |
——- |
——- |
——- |
|
Profit after taxation |
20,253 |
11,341 |
65,518 |
36,652 |
——- |
——- |
——- |
——- |
|
——- |
——- |
——- |
——- |
|
Earnings per share (Rupees) |
1.01 |
0.57 |
3.2S |
1.83 |
The annexed selected notes from 1 to 8 form an integral part of this interim financial information.
For more information, contact:
IBL HealthCare Limited
9th Flour, N.I.C, Building
Abbasi Shaheed Road, Karachi – 75530
Tel: 35675111-7
Fax: 35683841, 35682772
E-mail: info@iblhc.com