Prime Property Development Corporation engaged in the property development business reported a steep drop in standalone net profit for the quarter ended December 2008. During the quarter, the profit of the company declined 38.43% to Rs 35.59 million from Rs 57.80 million in the same quarter last year.
Net sales for the quarter rose 3.93 times to Rs 500.80 million, while total income for the quarter jumped 3.86 times to Rs 501.25 million, when compared with the prior year period. The company posted earnings of Rs 1.78 a share during the quarter. *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07* *%Change* *Net Sales* 500.80 127.50 292.78 *Net Profit* 35.59 57.80 (38.43) *Basic EPS* 1.78 --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
