The after tax profit of International Industries slightly increased to Rs 226.859 million in the first quarter (July-September) of FY10 as compared to Rs 225.554 million in the corresponding period in FY09. The board of directors of the company in its meeting held here on Thursday declared that the per share earning of the company has inched up to Rs 2.27 in the period under review against Rs 2.26 in the same period last year.
According to the financial results, the company's net sales declined to Rs 2.471 billion in this period against Rs 3.373 billion recorded in the same period last year. The cost of sales declined to Rs 1.964 billion against Rs 2.837 billion. The company's profit before taxation stood at Rs 297.859 million in the first quarter of FY10 against Rs 295.554 million recorded in the same quarter in FY09.
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