Home / Financial Results / Hajra Textile Mills Limited’s financial results for the first quarter ended September 30, 2011

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

Karachi: We have to inform you that the Board of Directors of our company in their meeting held at 11:30 A.M. on Saturday, November 26, 2011 recommended the following:

(i) Cash Dividend

A final Cash Dividend for the 1st quarter ended September 30, 2011 Nil per share i.e. Nil %. This is in addition to interim dividend already paid at Rs. Nil per share i.e. Nil %.

(ii) Bonus Issue

It has also been recommended by the Board of Directors to issue Bonus share in the proportion of Nil share(s) for every Nil share(s) held i.e. Nil %. This is in addition to the interim bonus shares already declared Nil%. The bonus share will be entitled/not entitled for the Right Shares.

(iii) Right Shares

The Board has also recommended to issue Nil% Right Shares at par/at a discount premium of Rs. Nil per share in proportion of Nil shares for every Nil share.

(iv) Any Other Entitlement      NIL

(v) Any Other Information       NIL

The financial results of the company are as follows:

Profit and Loss Account For the Period Ended September 30, 2011-11-28

 

03 Months Ended

03 Months Ended

September 30,

September 30,

2011

2011

Rupees

Rupees

Sales 187,867,233  289,883,179
Cost of Sales (187,757,207)  (258,682,047)
 ———– ———–
Gross Profit 110,026 1,201,132
Operating Expenses:
Selling and distribution cost  (579,631)  (458,581)
Administrative expenses  (2,853,413)  (2,453,216)
  ———–  ———–
(3,433,044) (2,909,797)
———–  ———–
Operating Loss / (Profit) (3,323,018) (1,708,565)
Finance cost (7,678,026) (7,892,681)
Other operating charges (2,100)  (98,000)
 ———–  ———–
 (7,630,126) (7,990,681)
———–  ———–
Loss Before Taxation  (11,003,144)  (9,699,346)
Taxation (1,882,883) (2,606,229)
———– ———–
Loss After Taxation  (12,886,027) (12,305,575)
 ———– ———–
Earnings per Share – Basic  (0.94)  (0.89)

 

For more information, contact:
Noor Ellahi
Chief Executive
Hajra Textile Mills Limited
45- 50 Industrial Area,
Gulberg-III, Lahore – 54660,
Pakistan.
Phones: 35756181 -83-96
Telefax: (92-42)3575 9466
Email: htmhr@brain.net

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