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Feroze 1888 Mills Limited’s financial results for the quarter ended September 30, 2011

Karachi: We have to inform you that the Board of Directors of our Company in their meeting held at 05:00 p.m. on Thursday, October 27, 2011 has approved the enclosed financial results for the quarter ended September 30, 2011.

Condensed Interim Profit and Loss Account (Unaudited) for the Three Months Ended September 30, 2011

 

September 30,

September 30,

2011

2010

Rupees

Rupees

Sales 889,508,638 520,573,096
Cost of Sales  (735,265,030)  (440,431,815)
———– ———–
Gross Profit 154,243,608 80,141,281
Administrative Cost  (17,732,617) (14,285,065)
Distribution Cost  (17,986,861) (22,591,451)
Other Operating Income  (6,100,978) (2,121,024)
———–  ———–
 (37,820,456) (38,997,540)
  ———–  ———–
116,423,152  41,143,741
Finance Cost (13,999,954) (12,525,294)
———–  ———–
Profit before Taxation   102,423,198 28,618,447
Taxation – Current (8,895,086)   (5,205,731)
  ———–  ———–
Profit after Taxation 93,528,112 23,412,716
———– ———–
Earnings Per Share – Basic and Diluted  0.80 0.20

 

For more information, contact:
Feroze 1888 Mills Limited
B-4/A, S.I.T.E., Karachi- 75700
Tel: 32567890
Fax: 32581221
Web: www.feroz1888.com

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