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Bata Pakistan Limited’s financial results for the half year ended 30th June, 2011

Karachi: We have to inform you that the Board of Directors of our Company in their meeting held at 11.00 a.m. on Wednesday, 17th August, 2011 has approved the accounts for the Half Year ended 30th June, 2011 and recommended the following:

 

(1) Cash Dividend Nil
(2) Bonus Issue Nil
(3) Right Shares Nil
(4) Any other entitlement Nil
(5) Any other price-sensitive information Nil

 

 

The financial results of the Company are as follows:

 

Half Year ended

Quarter ended

June 30,

June 30,

June 30,

June 30,

2011

2010

2011

2010

Rs. ’000’s

Rs. ’000’s

Rs. ’000’s

Rs. ’000’s

Net Sales 4,434,484  3,679,602 2,388,801  2,027,243
Cost of sales 2,754,454 2,153,548 1,484,806 1,176,134
 ——— ——— ——— ———
Gross Profit 1,680,030 1,526,054 903,995 851,109
Operating Expenses 1,179,330 998,313  623,072 523,803
——— ——— ——— ———
Operating Profit 500,700 527,741 280,923 327,306
Finance Cost 26,155 18,796 14,130 9,388
———  ———  ——— ———
474,545 508,945  266,793 317,918
Other Income 35,334 22,796 15,919 13,561
———  ———  ———  ———
Profit before Taxation  509,879  531,741  282,712 331,479
Provision for Taxation 134,157 149,011 77,087  95,062
——— ———  ——— ———
Profit after Taxation 375,722 382,730 205,625 236,417
———  ——— ———  ———
EARNING PER SHARE
Basic and Diluted Rs.49.70 Rs.50.63  Rs.27.20  Rs.31.27

 

We will be sending you 300 copies of printed Half Yearly Accounts for distribution amongst the members of the Exchange in due course of time.

For more information, contact:
S.M. Ismail
Company Secretary
Bata Pakistan Limited
Batapur, Lahore, Pakistan
UAN: 92-42-111-044-055
Fax: 92-42-36581176-77
E-mail: bata@batapk.com

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