Home / Financial Results / Frontier Ceramics Limited’s financial results for the 1st quarter ended September 30, 2011

Frontier Ceramics Limited’s financial results for the 1st quarter ended September 30, 2011

Karachi: We have to inform you that the Board of Directors of our Company in their meeting held on Oct, 31 2011 at 09:00 am, at the Registered Office of the Company, 29 Industrial Estate, Jamrud Road – Peshawar recommended the following:

Cash Dividend/ Bonus Shares/Right Shares /Other Entitlement/
Any other price-sensitive Information:                          Nil

The Financial Results of the Company are as follows:

 

Sep 30, 2011

Sep 30, 2010

(Rs),

(Rs),

Gross Sales 102,717,452 73,930,035
Less Duties and Taxes  (7,608,700) (5,791,754)
———–  ———-
Sales – Net 95,108,752 63,138,281
Cost of Sales (69,616,005)  (42,037,448)
———–  ———-
Gross Profit/ (Loss) 25,492,746  26,100,833
Distribution Cost  (1,043,113)  (1,471,949)
Administrative Expenses  (3,486,667)  (2,854,532)
Other Operating Expenses (44,500)  (90,450)
———– ———-
Operating Profit/ (Loss)  20,918,467 21,683,901
Financial Cost  (178,509) (24,409)
Other Operating income  354,240
  ———–   ———-
Profit/ (Loss) before Taxation 20,739,958  22,013,732
Taxation:
Current  (951,088)  –
Deferred  (100,048)  –
———–  ———-
Profit/ (Loss) after Taxation  19,688,823 22,013,732
———–  ———-
Earnings per Share  2.54  2.84

 

For more information, contact:
Fazale Khaliq
Company Secretary
Frontier Ceramics Limited
29-Industrial Estate, Jamrud Road
Peshawar, Pakistan,
Tel: (92-91) 5891471,
Fax: 5830290
E-mail: fortepsh@yahoo.com

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