Pfizer earning rises 9.83% for Aug. `07 qtr
Pfizer earning rises 9.83% for Aug. `07 qtr >Pfizer disclosed a marginal jump in net profit for the quarter ended in August 2007. During the quarter, the company experienced a 9.83% rise in profit to Rs 308.30 million from Rs 280.70 million. Total income (net of excise & sales tax) rose 1.03% to Rs 1,929.80 million for the quarter ended August, 2007 from Rs 1,910.30 million for the same period last year. Pfizer (PFIZER) is a 40% subsidiary of Pfizer (Q, N,C,F)* Inc., US. The company`s business segment s include pharmaceuticals, animal health and services. The pharmaceuticals business comprises of manufacturing and trading of bulk drugs and formulations and also includes rendering of marketing services. The animal health business has a presence primarily in the large animal health and poultry market segments, and also includes rendering of marketing services.
Shares of the company gained Rs 3.9, or 0.59%, to settle at Rs 667.35. The total volume of shares traded was 127,381 at the BSE.(Monday)
