News Makers News From Pakistan
Karachi: We have to inform you that the Board of Directors of our company in their Meeting held at 11:00 AM on (Monday) October 31, 2011 at 97-B Gulberg II, Lahore recommended the following: –
i) Cash Dividend
The Board did not declare any dividend.
ii) Bonus Issue
It has also been recommended by the Board of Directors to issue Bonus shares in the proportion of (Nil) shares for every (Nil) shares held. The Bonus shares will be entitled/ not entitled for the right shares.
iii) Right Shares
The Board has also recommended to issue (Nil)% Right Shares at part/at a premium of Rs.(Nil) per share in proportion of (Nil) share for every (Nil) shares.
The Financial results of the Company arc enclosed.
Profit and loss account For the quarter
|
September-11 |
September-10 |
|
|
(Rupees’000) |
||
| Sales | 839,258 | 567,631 |
| Cost of sales | (797,953) | (527,773) |
| ——— | ——— | |
| Gross profit | 41,305 | 39,858 |
| Other operation income | 603 | 1 |
| Distribution cost | (2,860) | (3,181) |
| Administrative expenses | (5,588) | (4,584) |
| Financial cost | (25,872) | (27,659) |
| Share of Profit from associate | 1,413 | 2,260 |
| ——— | ——— | |
| Profit before taxation | 9,001 | 6,695 |
| Taxation | (8,420) | (5,672) |
| ——— | ——— | |
| Profit after taxation | 581 | 1,023 |
| ——— | ——— | |
| Earnings per share (Rupees) | 0.42 | 0.73 |
For more information, contact:
Ayesha Textile Mills Limited
97-B Gulberg II
Lahore- 54660
Phone: 92-42 35756707,35756710,35873702
Fax: 92-42 35712151-35761378
E-Mail: ayeshaexp@brain.net.pk
URL: www. ayeshagroup.com
