Home / Financial Results / Atlas Battery Limited’s financial results for the quarter ended September 30, 2011

Atlas Battery Limited’s financial results for the quarter ended September 30, 2011

Karachi: We have to inform you that the Board of Directors of our Company in their meeting held on October 27, 2011 at 11:00 hours, at 2nd Floor, Federation House, Abdullah Shah Ghazi Road, Main Clifton, Karachi, have recommended the following:

(i) Cash Dividend           Nil
(ii) Bonus Shares           Nil
(iii) Right Shares          Nil

The financial results of the Company are follows:-

 

Quarter ended

Quarter ended

September 30, 2011

September 30, 2010

(Rupees in ‘000)

Sales  1,519,535 1,217,622
Cost of sales  (1,288,444)  (1,007,982)
 ——— ———
Gross profit  231,091 209,640
Distribution cost  (40,873)  (35,537)
Administrative expenses (31,979)  (23,732)
Other operating income   6,908 913
Other operating expenses  (16,190)  (9,957)
 ———  ———
Profit from operations 148,957  141,327
Finance cost (17,030)  (11,379)
———  ———
Profit before tax 131,927 129,948
Taxation  (34,966)  (45,655)
 ———  ———
Profit after tax 96,961  84,293
Other comprehensive income  –  –
———  ———
Total comprehensive income for the year 96,961 84,293
——— ———
Earnings per share – basic and diluted (Rupees)  8.02 6.98

 

For more information, contact:
Rizwan Ahmed
Company Secretary
Atlas Battery Limited
D-181, Central Avenue,
S.I.T.E., Karachi-75730
Ph: (92-21) 32567990-4
Fax: (92-21) 32564703
Email: abl@atlasbattery.com.pk
Website: www.atlasbattery.com.pk

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