News Makers News From Pakistan
Karachi: We are pleased to inform you that the Board of Directors of JS Global Capital Limited (JSGCL) in their meeting held on October 27, 2011 at 1600 hours at Faysal House, Shahrah-e-Faisal, Karachi has approved the financial results of the Company for the first quarter and three months period ended September 30, 2011 and have recommended the following:
Cash Dividend
Nil
Bonus Shares
Nil
Right Shares
Nil
The financial results of the Company are as follows:
|
Three Months Ended |
||
|
30 September |
30 September |
|
|
2011 |
2010 |
|
|
(Rupees) |
||
| Operating revenue | 40,304,355 | 41,161,603 |
| Capital gain on sale of investments | 4,019,041 | 12,517,391 |
| Gain on re-measurement of investments | ||
| at fair value through profit or loss – net | 23,998,701 | 28,833,448 |
| ———- | ———- | |
| 68,322,097 | 82,512,142 | |
| Administrative and operating expenses | (69,678,761) | (78,860,865) |
| Reversal for doubtful debts | – | 433,592 |
| ———- ———- | ||
| (1,356,664) | 4,084,869 | |
| Other operating income | 59,353,681 | 52,522,981 |
| ———- | ———- | |
| 57,997,017 | 56,607,850 | |
| Provision for Workers Welfare Fund | (1,113,749) | (1,108,431) |
| Finance Cost | (1,201,215) | (1,154,948) |
| ———- | ———- | |
| Profit before taxation | 55,682,053 | 54,344,471 |
| Taxation – current | (12,756,162) | (10,127,326) |
| – deferred | – | 2,172,960 |
| ———- | ———- | |
| (12,756,162) | (7,954,366) | |
| ———- | ———- | |
| Profit after taxation | 42,925,891 | 46,390,105 |
| ———- | ———- | |
| Earnings per share- basic and diluted | 0.86 | 0.93 |
For more information, contact:
Danish Zahoor
Company Secretary
JS Global Capital Limited
6th Floor, Faysal House,
Shahrah-e-Faisal Karachi
Phone: +92 21 111 574 111
Fax: +92 21 3280 0163
