*Zicom Electronic Security Systems* announced a steep drop in standalone net
profit for the quarter ended December 2008.

During the quarter, the profit of the company declined 35.13% to Rs 24.23
million from Rs 37.35 million in the same quarter previous year.

Net sales for the quarter rose 23.85% to Rs 521.07 million, while total
income for the quarter rose 24.09% to Rs 522.61 million, when compared with
the prior year period.

The company reported earnings of Rs 1.91 a share during the quarter,
registering 39.17% decline over prior year period.


  *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07*
*%Change* *Net Sales* 521.07 420.72 23.85 *Net Profit* 24.23 37.35
(35.13) *Basic
EPS* 1.91 3.14 (39.17)

During the quarter, the operating margin of the company declined by 328.75
basis points to 12.65% compared with the previous year period. Interest cost
increased 3.09 times to Rs 28.54 million while depreciation cost rose 4.09
times to Rs 6.47 million over previous year period.

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