Home / Financial Results / Ayesha Textile Mills Limited’s financial results for the quarter ended September 30, 2011

Ayesha Textile Mills 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 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

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