SPIMACO Announces Preliminary Consolidated Results Ended September 30, 2008
Saudi Pharmaceutical Industry.& Med. Appliances Corp. (SPIMACO) announced preliminary consolidated financial results for the period ended September 30, 2008, with a net profit of SAR 90.8 million , an increase of SAR 2.2 million , by 2.5%, compared with the same period last year of SAR 88.6 million, the third-quarter profit for the current fiscal year fell from SAR 26.5 million to SAR 15.6 million, a decrease of 41% from the same period last year, while earnings per share amounted to SAR 1.513, compared to SAR 1.477 for the same period last year.