Home / Financial Results / Japan Power Generation Limited’s financial results for the quarter ended September 30, 2011

Japan Power Generation Limited’s financial results for the quarter ended September 30, 2011

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

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