Advertisement

Indies Pharma net profits dip to $7.2 million

 
Indies Pharma is reporting a 4% dip in net profits down to $7.2 million or 12 cents per share for the nine months ending July 31. 
 
Revenues dipped by 1.3% to $856 million when compared with the similar period last year. 
 
Directors say the results were affected by shortages of in-demand items though gross profits held a steady at $589 million. 
 
The company's total assets however jumped by 25% to $2.8 billion while shareholder equity rose 38% to $1.7 billion.


comments powered by Disqus
Most Popular
British teen shot dead in Trench Town; police...
Three employees at St. Catherine Municipal...
Jamaica's bobsleigh teams miss out on medals...