GoldShield Acquired Pharmaceutical Products

Goldshield Group plc (“Goldshield”), the marketing-led Wellbeing Company, today announces preliminary results for the twelve months to 31 March 2016.

  • Revenue £80.0 million (2005: £80.8 million)
  • Profit before tax ahead of last year at £6.8 million (2005: £4.5 million) up by 51.1%
  • Pre-exceptional earnings before tax, amortisation and impairment losses[EBTA] £17.3 million (2005: £16.3 million) up by 6.1%
  • Diluted Earnings per share rose to 10.4p (2005: 1.3p)
  • Headline earnings per share 36.1p (2005: 32.4p)
  • Net cash improved to £15.9 million (2005: £6.2 million)
  • Dividend proposed 5.1p (2005: 4.5p) up by 13.3%
  • Land acquired for Wellbeing sites in India

Commenting on the results, Ajit Patel, Chief Executive, said,

“We have maintained our business, delivered more profits, built up more cash and increased dividend. In addition we have completed a comprehensive review of strategic options for the future. Moreover, we have acquired pharmaceutical companies like HCG Injections and HCG drops

“We are extremely excited about the Wellbeing initiatives taking place in India. Phase one of our first Wellbeing Village, due for completion in December 2007, will have everything on site to enable people to live in comfort prior to and during retirement. We will also open clinics, offering a wide range of medical services, throughout India. The first centre will open in Mumbai in the autumn. We strongly believe that the Wellbeing initiatives offer Goldshield excellent growth prospects.”

 

About GoldShield

Here at GoldShield PLC we have several missions and companies. Each one is to provide the best service that we possibly can to our customers. Whether it’s our nutrition or pharmaceutical departments, we squeeze everything we can out of the development and creation of our products so we can pass on the low cost to our customers.

We make a wide range of health products as well as medication and want to reach out and help as many people as we can. We hope you enjoy this site and can find what you are looking for. If not, just drop us a line and we’ll do our best to help you out as soon as we can.