Caring Pharmacy Group Berhad reported unaudited consolidated earnings results for the second quarter and six months ended November 30, 2017. For the quarter, the company reported revenue of MYR 123,449,000 against MYR 113,862,000 a year ago. Profit before taxation was MYR 7,172,000 against MYR 5,137,000 a year ago. Profit after taxation was MYR 5,236,000 against MYR 3,699,000 a year ago. Profit after taxation attributable to owners of the company was MYR 4,274,000 against MYR 2,764,000 a year ago. Basic earnings per share were 1.96 sen against 1.27 sen a year ago. The higher revenue was mainly contributed by the higher sales generated from existing outlets due to aggressive and extensive promotional campaign launched during quarter under review. The increase in profit before taxation for the current quarter compared to the corresponding quarter in the preceding year is mainly contributed by higher revenue achieved coupled with the higher gross profit margin.

For the six months, the company reported revenue of MYR 248,695,000 against MYR 224,800,000 a year ago. Profit before taxation was MYR 13,107,000 against MYR 6,662,000 a year ago. Profit after taxation was MYR 9,568,000 against MYR 4,797,000 a year ago. Profit after taxation attributable to owners of the company was MYR 7,528,000 against MYR 3,485,000 a year ago. Basic earnings per share were 3.46 sen against 1.60 sen a year ago. Net cash from operating activities was MYR 15,473,000 against net cash used in activities of MYR 7,491,000 a year ago. Purchase of property, plant and equipment were MYR 2,471,000 against MYR 3,148,000 a year ago.

The company remains optimistic that the Group will continue to be profitable in the next quarter.