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Kohinoor Energy Limited’s financial results for the 1st quarter period ended September 30, 2011

Karachi: We have to inform you that the Board of Director of Kohinoor Energy Limited (KOHE) in their Meeting held at 11:30 A.M. on October 17, 2011 (Monday) at plant Site Near Tablighi Ijtema, Raiwind Bypass, Lahore, has approved the following interim financial results of the Company for the 1st Quarter (July – September 2011) ended September 30, 2011.

 

(July – September)

2011

2010

Sales  3,283,069 2,305,722
Cost of Sales (2,997,134) (2,186,669)
 ——— ———
Gross Profit 285,935 119,053
Administrative and General Expenses  (53,110) (53,950)
Other Operating Income  8,770 16,545
——— ———
Profit from Operations 241,595  81,648
Finance Cost (58,066) (1,308)
 ——— ———
Profit Before Tax 183,529 80,340
Taxation   (3,070) (4,279)
——— ———
Profit for the Period 180,459 76,061
——— ———
Earnings per share 1.06 0.45

 

We will be sending you 300 copies of printed accounts for distribution amongst the members of Stock Exchanges in due course of time.

For more information, contact:
Muhammad Asif
Company Secretary
Kohinoor Energy Limited
Near Tablighi Ijtema, Raiwind Bypass,
Post Code 55140 Lahore, Pakistan
UAN: + 92 42 111-111-535
Tel: + 92 42 35392317
Fax: + 92 42 35393415-17
Email: info@kel.com.pk
Web: www.kel.com.pk

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