*Great Eastern (GE)* *Shipping Company* announced a drop in standalone net profit for the quarter ended December 2008. During the quarter, the profit of the company declined 17.90% to Rs 2,410.30 million from Rs 2,935.70 million in the same quarter last year.
Net sales for the quarter rose 20.60% to Rs 7,287.70 million, while total income for the quarter rose 4.38% to Rs 7,768.70 million, when compared with the prior year period. The company reported earnings of Rs 15.83 a share during the quarter, registering 17.89% decline over previous year period. *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07* *%Change* *Net Sales* 7,287.70 6,042.90 20.60 *Net Profit* 2,410.30 2,935.70 (17.90) *Basic EPS* 15.83 19.28 (17.89) During the quarter, interest cost increased 15.15% to Rs 444 million, while depreciation cost fell 6.31% to Rs 823 million over previous year period. The board of directors of the company at its meeting held on Jan. 30, 2009, declared an interim dividend of Rs 2.50 a share. --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
