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Beximco Pharmaceuticals First Quarter Pretax Profit Rises

14th May 2015 08:52

LONDON (Alliance News) - Bangladesh-based pharmaceutical and active pharmaceutical ingredients company Beximco Pharmaceuticals Ltd Thursday posted a rise in pretax profit for its first quarter to end-March.

Beximco posted a pretax profit of BDT513.2 million, up from BDT425.1 million, as a rise in revenue to BDT3.00 billion from BDT2.58 billion offset a rise in selling, marketing and distribution expenses.

One pound equals about 123 Bangladeshi taka.

Shares in Beximco are trading up 4.9% at 18.35 pence Thursday morning.

By Hana Stewart-Smith; [email protected]; @HanaSSAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.


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