News Makers News From Pakistan
Karachi: We are pleased to inform you that the Road of Directors of our Company in their meeting held today at 12:00 noon at 1088-Jail Road, Faisalabad approved the un-audited financial information of the Company for the 1st quarter ended September 30, 2011 and also recommended the following:
1. Cash Dividend NIL
2. Bonus Shares NIL
3. Right Shares NIL
The financial results of the Company for the 1st quarter ended September 30, 2011 are enclosed as Annexure- A.
ANNEXURE – A
Financial Results for the 1st quarter ended September30, 2011.
|
Sep 30, |
Sep 30, |
|
|
2011 |
2010 |
|
|
Rupees in Thousand |
||
| Sales | 870,125 | 738,633 |
| Cost of sales | (792,811) | (667,237) |
| ——- | ——- | |
| Gross profit | 77,314 | 71,396 |
| Distribution cost | (29,097) | (13,793) |
| Administrative expenses | (11,519) | (9,701) |
| Other operating expenses | (121) | (1,102) |
| ——- | ——- | |
| (40,737) | (24,596) | |
| ——- | ——- | |
| 36,577 | 46,800 | |
| Other operating income | 326 | 1,094 |
| ——- | ——- | |
| Profit before operations | 36,903 | 47,894 |
| Finance cost | (34,889) | (27,121) |
| ——- | ——- | |
| Profit before taxation | 2,014 | 20,773 |
| Provision for taxation | (8,686) | (7,350) |
| ——- | ——- | |
| (Loss)/profit after taxation | (6,672) | 13,423 |
| ——- | ——- | |
| Earning per sham – basic and diluted (Rupees) | (0.69) | 1.39 |
For more information, contact:
Ishaq Textile Mills Limited
Mills at Sheikhupura Road,
Tehsil Jaranwala, Distt. Faisalabad.
Ph: (+9241) 4689255
Fax: 4689648
