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Emco Industries Limited’s financial results for first quarter ended 30-09-2011

Karachi: We have to inform you that the board of Directors of our Company in their meeting held on 31.10.2011 at 10:30 a.m. at Lahore has not recommended any entitlement for shareholders.

The financial results of the company are as follows:

 

July to September

    Particulars

2011

2010

(Rupees)

(Rupees)

Gross Sales 600,972,060 588,267,341
———– ———–
Less: Sales Tax (78,827,315) (79,172,289)
 ———– ———–
Net Sales 522,144,745 509,095,052
 ———–  ———–
Manufacturing Cost of Goods Sold (384,873,216)  (405,225,205)
———–  ———–
Gross Profit 137,271,529 103,869,847
———– ———–
Operating Expenses (Admin and Mkt) (63,607,341)  (51,768,607)
———–  ———–
Operating Profit  73,664,188 52,101,240
 ———–  ———–
Financial and Other charges (42,018,365) (42,740,230)
 ———– ———–
Other Income / (Expense)   436,542 450,470
———– ———–
Profit / (Loss) before Tax 32,082,365  9,811,480
 ———– ———–
Taxation  (5,221,447)   (2,545,475)
———– ———–
Profit / (Loss) after Tax 26,860,918 7,266,005
———– ———–
Earnings Per Share 0.77 0.21

 

For more information, contact:
Mansoor Jamal Butt
Chief Financial Officer
Emco Industries Limited
119-E/1, Hali Road, Gulberg – III,
P.O. Box 36, Lahore – 54660,
Pakistan.
PABX: (042) 3587 2181
Fax: (042) 3587 2191
Email: info@emco.com.pk
Web: www.emco.com.pk

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