Astra Industrial Group announces the interim consolidated financial results for the period ended 31/03/2012
1. Net profit for the first quarter is SAR 64.1 million, compared to SAR 62 million for the corresponding quarter of the previous year, an increase of 3 % and compared to SAR 62.9 million for the previous quarter, an increase of 2 %.
2.Gross profit for the first quarter is SAR 155.5 million, compared to SAR 141.3 million for the corresponding quarter of the previous year, an increase of 10 %.
3.Operating profit for the first quarter is SAR 53.4 million, compared to SAR 51 million for the corresponding quarter of the previous year, an increase of 5 %.
4.Earnings per share during the three months is SAR 0.86 compared to SAR 0.84 for the same period of the previous year.
5. The increase in net income, gross profit and operating income for this quarter compared to the same period in the previous year and the fourth quarter of 2011 is mainly due to the increase in Pharmaceutical sector sales.
During the quarter, comparative figure for Gross Profit pertaining to the corresponding quarter of the previous year has been reclassified to conform with the classification of the current quarter.
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