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Haydari Construction Company Limited’s financial results

Karachi: We are pleased to inform you that the Board of Directors of M/s Haydari Construction Company Limited in their meeting held on October 27, 2011 considered and approved for publication the Company’s Un-Audited Financial Statements for the 1st Quarter Ended September 30, 2011.

Financial Results

 

September 30

September 30

2011

2010

Rupees

Income:
Dividend Income  – 568
Expenditure:
Rent Rates and Taxes 10,005 10,005
Bank Charges  900 261
Legal, Tender and Audit fee 34,375 35,625
Other Administrative Expenses 2,040 1,841
Stock Exchange listing fee  15,000 15,000
Depreciation 10,603 11,717
 ——– ——–
72,923 74,449
 ——–  ——–
Loss Before taxation (72,923)  (73,881)
Provision for taxation  –  (57)
 ——– ——–
Loss for the period  (72,923) (73,938)
Other Comprehensive (Expenses) and Income:
(Loss)/ Gain on re-measurement of investments (17,699) (2,612)
 ——– ——–
Total Comprehensive (Loss) for the period (90,622) (76,550)
——– ——–
Earnings per share of Rs. 5 each (0.01) (0.01)

 

Kindly circulate the above information to your members. We shall forward 300 copies of financial Statements in due course, which are under printing.

For more information, contact:
Sohail Ahmed Quresshi
Company Secretary
Haydari Construction Company Limited
Mezzanine Floor, UBL Building,
I.I. Chundrigar Road,
Karachi-74000 Pakistan
Tel: +92-21-2411887
Fax: +92-21-2414581

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