Home / Financial Results / Ibrahim Fibres Limited’s financial results for the 1st quarter ended 30-09-2011

Ibrahim Fibres Limited’s financial results for the 1st quarter ended 30-09-2011

Karachi: We have to inform you that the Board of Directors of the company in their meeting held on 26 10-2011 at 04:00 P.M.at I. Ahmed Block, New Garden Town, Lahore has approved the financial results of the Company for the 1st quarter ended on September 30, 2011.

 

(i) Cash Dividend                               Nil

(ii) Bonus Shares                               Nil

(iii) Right Shares                              Nil

(iv) Any Other Entitlement/Corporate Action     Nil

(v) Any Other Price- Sensitive Information      Nil

 

The financial results of the Company are as follows:

 

For the Quarter

Ended

For the Quarter

Ended

Sept. 30, 2011

Sept. 30, 2010

Rupees

Rupees

Sales -net  9,735,617,982 8,355,288,073
Cost of goods sold  9,172,104,056 7,493,431,708
 ————-  ————-
Gross profit 563,513,926 861,856,365
Selling and distribution expenses  41,130,702  39,521,144
Administrative expenses  135,466,283  153,257,533
Other operating expenses 18,112,890 33,844,491
Finance cost 180,931,258 218,599,624
 ————-  ————-
375,641,133  445,222,792
 ————-  ————-
  187,872,793  416,633,573
Other operating income  600,390,826  83,344,815
  ————- ————-
788,263,619  499,978,388
Share of profit of associate-net 793,899,000 693,629,000
————- ————-
Profit before taxation  1,582,162,619  693,607,388
Provision for taxation  50,499,045  204,675,332
 ————-  ————-
Profit for the period  1,531,663,574  988,932,056
————-  ————-
Earnings per share – Basic and Diluted 4.93  3.18

 

For more information, contact:
Ibrahim Fibres Limited
Ibrahim Centre, 11-B, Lala Zar
M. T. Khan Road, Karachi, Pakistan
Tel: 92 21 35611601
Fax: 92 21 35611609
Website: www.igcpk.com
E-mail: info@igc.com.pk

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