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Din Textile Mills Limited’s financial results for the 1st quarter ended September 30, 2011

Karachi: We have to inform you that the Board of Directors of our company in their meeting held at 2:30 pm. on Friday the October 28, 2011 to approve the un-audited Balance Sheet Profit and Loss Account for the 1st Quarter ended September 30, 2011.

The financial results of the Company are as follows.

 

Quarter Ended

September 30

September 30

2011

2010

Sales 1,638,028 1,554,954
Cost of sales (2,001,605) (1,117,786)
———-  ———-
Gross Profit  (363,577) 437,168
Other Operating Income 259 69
Distribution Cost (57,525) (38,572)
Administrative expenses (24,773) (20,820)
Other operating expenses (1,700) (17,868)
Finance Cost  (98,245)  (52,774)
———-  ———-
(181,984) (129,965)
———-  ———-
Profit / (Loss) before Taxation (545,561) 307,203
Provision for taxation  37,837 (91,184)
———-  ———-
Profit / (Loss) for the Period  (507,724) 216,019
———- ———-
Earnings / (Loss) per share – basic and diluted  (24.91) 10.60

 

For more information, contact:
Din Textile Mills Limited
Din House,35-A/1,Lalazar
Area Opp. Beach Luxury Hotel
M.T. Khan Road
Karachi-74000
Pakistan
Tel: +92 21 5610003, 5610001, 5610002
Fax: 5610009
Web: http://www.dingroup.com

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