Wyeth profit increases to Rs 175.320 million

The profit after tax of Wyeth Pakistan Limited has increased to Rs 175.320 million in the year ended November 30, 2011 as compared to Rs 26.459 million earned in the year 2010. The company's earning per share increased to Rs 123.33 in the period under review against Rs 18.61 in the same period a year back.
The board of directors of the company in its meeting held on Tuesday recommended a final cash dividend for the year at Rs 40 per share ie 40 percent. According to the financial results sent to Karachi Stock Exchange, the company's net sales increased to Rs 3.053 billion in this period against Rs 2.310 billion in the same period a year back. The cost of sales increased to Rs 2.254 billion against Rs 1.829 billion. The company's profit before taxation increased to Rs 298.632 million in this period against Rs 43.229 million in the same period a year back.