Karachi: We have to inform you that the Board of Directors of our company in their Meeting held on Monday the 31st October 2011 at 10:30 A.M. at Gammon House, Rawalpindi have recommended the following: –
(i) Cash Dividend:
An Interim Cash Dividend for the 1st quarter ended 30th September 2011 Rs. NIL per share i.e. NIL %.
(ii) Bonus Issue:
It has been recommended by the Board of Directors to issue Interim Bonus Shares in proportion of NIL shares for every NIL share held i.e. NIL%.
(iii) Right Shares:
The Board has recommended to issue NIL % Right Shares at par/at premium of Rs. NIL per shares in proportion of NIL share for every NIL shares subject to the consent of the Controller Capital Issues.
(iv) Any Other Entitlement: Nil
The financial results of the company are as follow:-
1st Quarter Ended
(Rupees in thousands)
|Cost of Sales||138,232||141,759|
|Other Operating Expenses||4,687||5,822|
|Other Operating Income||(462)||(340)|
|Profit before Taxation||46,787||56,011|
|Profit after Taxation||44,822||54,170|
|Earning per Share||5.89||7.12|
Previous corresponding quarter’s figures have been restated wherever necessary for the purpose of comparison.
For more information, contact:
Bannu Woollen Mills Limited
D.I.Khan Road, Bannu (N.W.F.P-Pakistan).
Tel: +92-928-613151, 612274, 613250