- Profarma saw a 12.3% growth in consolidated gross revenue compared to the same period last year, reaching R$784 million, with strong growth in hospitals and vaccines.
- Operating expenses decreased 12.5% compared to the previous quarter, reaching their best level since 2004 at 7% of net revenue.
- Cash cycle was reduced by about six days, generating R$40 million in working capital reduction.
Smart Wonders of Bioaccumulators : Pollutant Soaking Plants (Phytoindicators) & Mysteries behind Environmental Protection
Oral Presentation in
National Seminar on “Innovations in Basic Sciences in the Realm of Modern Education System” INNERVATE-2008, 27th & 28th Dec 2008 at Jankidevi Bajaj College of Science, Wardha ( Maharashtra )
Smart Wonders of Bioaccumulators : Pollutant Soaking Plants (Phytoindicators) & Mysteries behind Environmental Protection
Oral Presentation in
National Seminar on “Innovations in Basic Sciences in the Realm of Modern Education System” INNERVATE-2008, 27th & 28th Dec 2008 at Jankidevi Bajaj College of Science, Wardha ( Maharashtra )
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Analyzing the instability of equilibrium in thr harrod domar model
Profarma Apresentacao 3 Q08 20081105 Eng
1.
2. Highlights For The Period
Expressive reduction of the cash cycle, of about six days generating a R$ 40.0 million
working capital reduction;
A reduction of 12.5% in operating expenses represented by administrative, commercial
and logistic expenses when compared to the previous quarter, reaching 7.0% of the net
revenue, being this the company’s best performance since 2004;
A 12.3% growth of the consolidated gross revenue when compared to the same period of
the previous year, reaching R$ 784.0 million, highlighting the hospital and vaccine
category which had an expressive growth of 67.3%;
Profarma’s market share reaches 12.1% in the 3Q08, 0.1 percentage point above the one
performed during the same period of the previous year and 0.3 percentage point above in
relation to the previous quarter;
Profarma announced to the market on August, 6, 2008, it’s Share Repurchase Program of
312.500 shares and until September, 30, 2008 the company acquired 190.632 shares.
6. Gross Profit and Revenues
from Services to Suppliers
In R$ MM
and as % Net Revenues
10.8%
10.2%
8.7%
10.5
11.2
15.1
58.9
50.7
42.8
3Q07 2Q08 3Q08
Gross Profit Revenues from Services to Suppliers Adjusted GP Margin (%)
7. Operating Expenses
In R$ MM
7.9% 7.9% and as % Net Revenues
7.0%
50.9
48.0 46.4
3Q07 2Q08 3Q08
EXPENSES: General and Administrative + Selling and Marketing + Logistics and Distribution
8. Net Financial Expenses
In R$ MM
and as % Net Revenues
1.4% 1.3%
0.9%
9.1 9.0
5.2
3Q07 2Q08 3Q08
9. Net Income
In R$ MM
1.3% and as % Net Revenues
1.0%
0.2%
8.2
6.6
1.1
3Q07 2Q08 3Q08
10. Adjusted EBITDA and EBITDA Margin
3.6% 3.7% In R$ MM
and as % Net Revenues
2.1%
23.9
21.6
14.0
3Q07 2Q08 3Q08
12. Cash Cycle
3Q06 4Q06 1Q07 2Q07 3Q07 4Q07 1Q08 2Q08 3Q08
Cash Cycle - Days * 49.3 53.4 62.5 69.6 67.8 64.3 68.8 67.2 61.8
Accounts Receivable (1) 45.2 50.0 54.6 53.1 50.9 51.7 50.7 49.2 47.0
Inventories (2) 33.1 44.7 43.4 47.2 41.3 48.6 47.9 45.7 42.5
Accounts Payable (3) 29.0 41.3 35.6 30.7 24.5 36.0 29.8 27.7 27.7
*Average
(1) Average of Gross Revenues in the Quarter
(2) Average of COGS in the Quarter
(3) Average of COGS in the Quarter
13. Indebtedness
Net Debt (R$ MM) and
3Q08 Indebtedness Profile
Net Debt / Ebitda*
In R$ MM
1.5 1.9 1.9
28% 72%
163.3 Long Term
154.5
Short Term
114.0
X100% in Reais
XBasic Interest Tax: CDI
X77% Clean
3Q07 2Q08 3Q08
* Ebitda = Accumulated last 12 months
14. Capex
1.9%
In R$ MM
and as % Net Revenues
0.5% 0.2%
11.7
3.1
1.4
3Q07 2Q08 3Q08
15. Operating Indicators
Service Level Logistics E.P.M
(units served / units requested) (Errors per Million)
145.0
93.7%
92.8% 98.0
86.0
90.8%
3Q07 2Q08 3Q08 3Q07 2Q08 3Q08
16. Share Performance
200
* 100 pts basis on 26/oct/2006
190
180
170
160
150
140
130
120
110
100
90
80
70
60
50
40
25- 16- 8- 30- 21- 12- 6- 28- 19- 11- 2- 24- 16- 7- 29- 20- 12- 3- 25- 17- 8- 30- 21- 14- 5- 27- 19- 10- 2- 24- 15- 6- 30-
out nov dec dec jan fev mar mar abr mai jun jun jul ago ago set out nov nov dec jan jan fev mar abr abr mai jun jul jul ago set set
Ibovespa Profarma
17. Results after 2 years of IPO
Growth
4Q06 – 3Q08
Gross Revenues 57.1%
Market 25.2%
Market Share Profarma 32.2%
Coverage 19.0%
Number of Distribution Centers 50.0%
Net Income 47.7%
Adjusted Ebitda 22.1%
Base Year Year II
4Q05 – 3Q06 4Q07 – 3Q08
Cash Cycle - Days (*1) 53.4 58.0 E
Working Capital (*2)
17.9 18.0 E
(% Net Revenues)
Net Debt / Ebitda
2.1 1.7
(Debt average during the period)
Indebtedness Profile (*3)
% Short Term 75 28
% Long Term 25 72
(*1) Based on 4Q06 and 4Q08 (*2) Based on 4Q06 and 4Q08 (*3) Based on 3Q06 and 3Q08
18. IR Contacts
Max Fischer
CFO and IR Director
Beatriz Diez
IR Coordenator
Telephone.: 55 (21) 4009 0276
E-mail: ri@profarma.com.br
www.profarma.com.br/ir