Karachi: We have to inform you that the Board of Directors of’ our Company in their meeting held on 12.11.2011 at 11.00 A.M. at 487-A, Mumtazabad, Multan recommended the following:
1) CASH DIVIDEND
An Interim Cash Dividend for the quarter ended 30.09.2011 at Rs. Nil per share i.e. Nil/.This is in addition to Interim Dividend (s) already paid at Rs. Nil per share i.e. Nil.
2) BONUS SHARES
It has been recommended by the Board of Directors to issue interim Bonus shares in proportion of Nil shares(s) for every Nil share(s) held i.e. Nil! %. This is in addition to the Interim Bonus Shares already issued @ NiI%.
3) RIGHT SHARES
The Board has recommended to issue Nil % Right Shares at Par/at a discount/premium of Rs. Nil per share in proportion of Nil share(s) for every Nil share(s). The entitlement of right shares being declared simultaneously will be/will not be applicable on Bonus Shares as declared above.
4) ANY OTHER ENTITLEMENT/CORPORATION ACTION
5) ANY OTHER PRICE – SENSITIVE INFORMATION
The financial results of the Company are as follows:
|Rs. in Thousand||Rs. in Thousand|
|COST OF SALES||1,956,965||2,212,294|
|NET PROFIT/(LOSS) BEFORE TAXATION||(78,120)||124,507|
|PROVISION FOR TAXATION||20,400||10,000|
|NET PROFIT/(LOSS) AFTER TAXATION||(98,520)||114,507|
|UN-APPROPRIATED PROFIT B/F||(98,520)||114,507|
|CARRIED TO BALANCE SHEET||989,115||1,086,238|
|EARNINGS/(LOSS) PER SHARE||(6.92)||(8.05)|
The above entitlement will be paid to the share holders whose names will appear in the Register of Members on N.A.
The Share Transfer Books of the Company will be closed from N.A. to N.A. (both days inclusive).
Transfer received at the N.A. (complete address of share department) at the close of business on N.A. will be treated in time for the purpose of above entitlement to the transferees.
For more information, contact:
Malik Muhammad Iqbal
Fatima Enterprises Limited
487-A, Mumtaz Abad, Vehari Road,
Multan – 60600 (Pakistan)
Ph: 061-6761066, 6528145
Fax: 061-6528092, 6528123