Home / Financial Results / Fateh Textile Mills Limited’s financial results for the year 1st quarter ended On 30th September 2011

Fateh Textile Mills Limited’s financial results for the year 1st quarter ended On 30th September 2011

Karachi: We have to inform you that the Board of Directors of our Company in their meeting held on Saturday the 29th October 2011 at 1:30 PM at the Registered Office of the Company at Hall Road, S.I.T.E., Hyderabad recommend the following:

(i) Cash Dividend              NIL
(ii) Bonus Shares              NIL
(iii) Right Shares             NIL
(iv) Any other entitlement     NIL

A complete Income Statements including earning per share is enclosed.

FATEH TEXTILE MILLS LIMITED, HYDERABAD PROFIT and LOSS ACCOUNT FOR THE QUARTER ENDED SEPTEMBER 30, 2011 (UN-AUDITED)

 

SEPTEMBER,11

SEPTEMBER,10

Rupees

Rupees

Sales 708,196,937 553,432,243
Cost of sales 589,328,211 454,879,590
———–  ———–
Gross profit 118,868,726  98,552,653
Administration and selling expenses 13,659,484  17,809,404
 ———–  ———–
Operating profit 105,209,242 80,743,249
Other income 89,984 9,833
 ———– ———–
Profit before financial and other charges 105,299,226 80,753,082
Financial expenses  96,239,375  75,884,372
Other charges 1,529,380 1,577,260
 ———– ———–
97,768,755 77,461,632
———–  ———–
Profit before taxation 7,530,471  3,291,450
Provision for taxation 7,090,000 2,800,000
 ———–  ———–
Profit after taxation 440,471  491,450
Others Comprehensive income for the Quarter
Unrealized gain / (loss) on investment
available- for-sale
Total Comprehensive income for the year  20,350   (308,565)
 ———–  ———–
 460,821 182,885
 ———–  ———–
Earnings per share 0.35 0.39

 

For more information, contact:
Fateh Textile Mills Limited
Tel: (92)(022) 3880500
Fax: (92)(022) 3880042
Email: fatehmills@aol.com
Web: www.fatehgroup.com

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