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