News Makers News From Pakistan
Karachi: We have to inform you that the Board of Directors of our company in their meeting held on October 31, 2011 at 10:30 at Islamabad Club, Islamabad to recommend the following:
i. Cash Dividend NIL%
ii. Bonus Shares NIL%
iii. Right Shares NIL%
The financial results of the Company are as follows:
|
For the Quarter ended: |
Sep 30, 2011 |
Sep 30, 2010 |
|
Rupees |
Rupees |
|
| Sales | 1,625,075,370 | 1,197,627,574 |
| Cost of sales | (1,634,220,399) | (1,328,146,749) |
| ————- | ————- | |
| Gross profit/(loss) | (9,145,029) | (130,519,175) |
| Operating expenses | ||
| Administrative and general | (50,930,778) | (64,069,029) |
| ————- | ————- | |
| Operating profit / (loss) | (60,075,807) | (194,588,204) |
| Other income | 3,901,418 | 5,148,870 |
| Financial and other costs | ||
| Financial costs | (294,605,769) | (212,783,732) |
| Other Cost | (106,204) | (110,074) |
| ————- | ————- | |
| Net loss before taxation | (350,886,362) | (402,333,140) |
| Provision for taxation: | ||
| Current – on other income | (565,109) | (929,883) |
| ————- | ————- | |
| Net loss after taxation | (351,451,471) | (403,263,023) |
| ————- | ————- | |
| Profit / (loss) per share | (2.25) | (2.58) |
For more information, contact:
Zain ul Abidin
Company Secretary
Japan Power Generation Limited
Jia Bagga, Raiwind Road, Lahore,
Tel: 042-35835864-6
Fax: 042-35835860
E-mail: jpgl@brain.net.pk
Website: www.jpgl.pk.com
