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

Babri Cotton 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 on October 31, 2011 at 11:30 a.m. at Gammon House, Rawalpindi, recommended the following:

(i) CASH DIVIDEND            Nil

(ii) BONUS SHARES            Nil

(iii) RIGHT SHARES           Nil

(iv) ANY OTHER ENTITLEMENT/CORPORATE ACTION None

(v) ANY OTHER PRICE-SENSITIVE INFORMATION   None

 

The financial results of the Company are attached as Annexure – A.

 

Profit and Loss Account (Un-Audited) For the Quarter Ended 30 September, 2011

 

30 September,

30 September,

2011

2010

Rupees in thousand

SALES  408,364 286,929
COST OF SALES  372,969 232,082
 ——-  ——-
GROSS PROFIT  35,395 54,847
DISTRIBUTION COST  1,732 841
ADMINISTRATIVE EXPENSES 9,991 6,335
WORKER’S (PROFIT) PARTICIPATION FUND 808 1,530
WORKER’S WELFARE FUND  301 555
WAQF-I-KULI KHAN  274 765
OTHER OPERATING EXPENSES  126  8
OTHER OPERATING INCOME  (806)  (828)
  ——- ——-
12,426 9,206
 ——- ——-
PROFIT FROM OPERATIONS 22,969 45,641
FINANCE COST   8,198  17,894
 ——- ——-
PROFIT BEFORE TAXATION 14,771 27,747
TAXATION
Current   4,084  2,869
Deferred   0  7,096
 ——-  ——-
4,084 9,965
  ——- ——-
PROFIT AFTER TAXATION  10,687 17,782
OTHER COMPREHENSIVE INCOME  0 0
——-  ——-
TOTAL COMPREHENSIVE INCOME  10,687 17,782
——- ——-
Rupees
EARNING PER SHARE 2.93 4.87

 

For more information, contact:
Babri Cotton Mills Limited
Habibabad, Kohat
(Khyber Pakhtunkhwa) Pakistan
Phone: 0922- 516315
Fax: 0922-516335
E-mail: info@bcm.com.pk
Website: www.bcm.com.pk

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