Home / Financial Results / Jahangir Siddiqui and Company Limited’s financial results for the quarter ended September 30, 2011

Jahangir Siddiqui and Company Limited’s financial results for the quarter ended September 30, 2011

Karachi: We have to inform you that the Board of Directors of Jahangir Siddiqui and Company Limited (JSCL) in their meeting held on October 26, 2011 at 03:00 p.m. at 6th floor, Faysal House, Shahra-e-Faisal Karachi approved the un-audited accounts for the quarter ended September 30, 2011.

Financial Results

The financial results of the Company for the quarter ended September 30, 2011 are as follows:

Condensed Interim Profit and Loss Account for the Quarter Ended September 30, 2011 (Un-Audited)

 

July 01, to

July 01, to

September 30,

September 30,

2011

2010

(Rupees in `000)

Income
Return on investments 234,922 9,847
Gain on sale of investments – net  –  33,031
Income from long-term loans and fund placements 15,025  90
Other income 8,275 7,475
Gain on revaluation of investments carried at fair value through profit or loss account – net 962
——-  ——-
 258,222 51,405
Expenditure
Operating and administrative expenses 30,382 34,916
Finance cost  112,158 148,441
 ——- ——-
142,540  183,357
——- ——-
Profit / (Loss) before Taxation 115,682  (131,952)
Taxation
– Current  35 320
——-  ——-
Net Profit/ (Loss) for the Period 115,647 (132,272)
——-  ——-
Earnings/ (Loss) per share

Rupees

Basic and diluted 0.15  (0.17)

 

Condensed Interim Statement of Comprehensive Income for the Quarter Ended September 30, 2011 (Un-Audited)

 

September 30,

September 30,

2011

2010

(Rupees in `000)

Net Profit / (Loss) for the Period 115,647  (132,272)
Other Comprehensive Loss
Net Loss on available for sale investments
Loss during the period  (258,937)  (704,473)
——-  ——-
Total Comprehensive Loss for the Period  (143,290) (836,745)

 

For more information, contact:
Farah Qureshi
Company Secretary
Jahangir Siddiqui and Company Limited
6th Floor, Faysal House, Shahrah-e-Faisal
Karachi-75530, Pakistan
Web: www.js.com
UAN: +92 21 111 574 111
Dir: +92 21 3279 9556
Fax: +92 21 3280 0090

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