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Fazal Textile Mills Limited’s financial results for the quarter ended September 30, 2011

Karachi: We have to inform you that the Board of Directors of the Company in their meeting held on October 24, 2011 at 1.00 PM have recommended the following appropriation:

CASH DIVIDEND                           Nil
BONUS ISSUE                             Nil
RIGHT ISSUE                             Nil
INTERIM DIVIDEND                        Nil

Interim Condensed Profit and Loss Account

For the quarter ended September 30, 2011

 

Rs in thousand

For the quarter ended

For the quarter ended

Sep-11

Sep-10

Sales 905,446 1,078,438
Cost of sales 867,881 836,981
 ——- ——-
Gross Profit 37,565 241,457
Selling and distribution expenses 1,634 2,678
General and Administrative expenses  14,228 16,396
Other operating charges 888 10,970
 ——- ——-
16,750  30,044
 ——-  ——-
20,815 211,413
Other operating income 1,072 1,648
 ——-  ——-
Operating Income 21,887 213,061
Financial cost 5,009 4,639
 ——- ——-
Profit before taxation 16,878  208,422
Taxation
Current 11,923 14,182
Deferred (8) 397
 ——- ——-
11,915 14,579
Profit after taxation 4,963 193,843
——- ——-
Earnings per share 0.80 31.33

 

For more information, contact:
Fazal Textile Mills Limited
L-A-2/B, Block-21,
Federal “B” Area,
Karachi – Pakistan.
Tel: (92-21) 36321311
Fax: (92-21) 36313372
Email: info@fazaltextile.com
Web: www.fazaltextile.com

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