Stock Report

Lincoln Pharmaceuticals secures Rs.4.6 Crores order from Republic Democratic of Congo



Posted On : 2006-09-06 06:37:20( TIMEZONE : IST )

Lincoln Pharmaceuticals secures Rs.4.6 Crores order from Republic Democratic of Congo

Lincoln Pharmaceuticals Ltd has announced that the Company has got order of Medicine from Republic Democratic of Congo. Company supplied different Medicine to M/s. Unique Pharma Ltd. (Congo) and Ministry of Health (Congo). Company got order of nearly US $ 1 million equivalent Rs 46 million.

Company has achieved 100% export growth compare to last year and this year Company entered in new market like Nigeria, Ghana and Iraq. This year Company is expecting to achieve 40% Export Business of turnover.

This year Company´s performance is improved compare to previous years first quarter. This year Sales increased 25%, Profit increased 72% and EPS increased 36%. These figures shows Company´s growth trend.

Source : Equity Bulls

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