The profit of Shifa International Hospital Limited has declined to Rs 114.102 million, translating an earning per share of Rs 2.26 in the year ended on June 30 as compared to Rs 130.199 million PAT and Rs 2.58 EPS earned in the same period last year.
The board of directors of the hospital in its meeting held on Monday recommended a final cash dividend for the year at Re 1 per share ie 10 percent. In an information sent to the Karachi Stock Exchange (KSE), the net revenue of the hospital increased to Rs 1.308 billion in FY07 against Rs 1.162 billion in FY06. The other operating income stood at Rs 7.829 million in this period against Rs 7.959 million in the same period last year.
On the other hand, the operating costs of the hospital increased to Rs 1,107.026 million in FY07 against Rs 941.348 million in FY06. The finance cost of the hospital stood at Rs 66.359 million in this period against Rs 40.010 million previously. The bank's profit before tax was Rs 28.640 million in FY07 against Rs 58.816 million in FY06.