Home / Financial Results / Lafrage Pakistan Cement Limited’s financial results for the 3rd quarter ended September 30, 2011

Lafrage Pakistan Cement Limited’s financial results for the 3rd quarter ended September 30, 2011

Karachi: We have to inform you that the Board of Directors of our Company in their Meeting held at 02:30 p.m., on Thursday, 27th October 2011 has recommended no cash dividend, bonus or right issue of the shares for the 3rd quarter ended September 30, 2011. The financial results of the Company during this period are as follows:

 

For the Nine Months Ended

For the Quarter Ended

September 30, 2011

September 30, 2011

September 30, 2011

September 30, 2011

(Rupees)

(Rupees)

(Rupees)

(Rupees)

Sales – net  5,599,882,225 5,039,724,087 1,914,891,658 1,615,892,189
Cost of sales (4,619,763,719)  (4,654,582,322)  (1,713,663,368) (1,382,781,422)
 ————-  ————- ————- ————-
Gross Profit 980,118,506 385,141,765 201,228,290 233,110,757
Distribution costs  (185,224,700)  (378,863,496) (81,891,808) (115,822,884)
Administrative expenses    (342,289,117) (322,324,899) (119,558,470) (114,167,073)
Other operating expenses  (3,559,991)  (41,273)  –
Other operating income  16,049,354 17,980,101 (8,069,103) 2,103,325
————- ————-  ————-  ————-
 (515,024,454) (683,249,567)  (209,519,381) (227,886,632)
Operating Profit / (Loss) 465,094,052  (298,107,802) (8,291,091) 5,224,135
 ————-  ————- ————- ————-
Finance costs  (774,312,711) (724,068,848)   (292,747,998) (339,675,355)
 ————- ————-  ————-  ————-
Loss before taxation  (309,218,659)  (1,022,176,650) (301,039,089) (334,451,220)
Taxation (19,228,793)  (22,856,596)  (7,350,629) (7,509,440)
 ————-  ————-  ————-  ————-
Net loss for the period  (328,447,452)  (1,045,033,246) (308,389,718)       (341,960,660)
Other Comprehensive income for the period net of tax  –   –  –
 ————-   ————-   ————- ————-
Total comprehensive loss for the period  (328,447,452)  (1,045,033,246) (308,389,718)  (341,960,660)
  ————-  ————-  ————- ————-
Loss per share – Basic   (0.25) (0.80)   (0.23) (0.26)

 

For more information, contact:
Sarah Farooq
Company Secretary
Lafrage Pakistan Cement Limited
18-B, Kaghan Road, F-8 Markaz,
Islamabad – Pakistan
UAN: +92-51-111 111 722,
Fax: +92-51-281 7300
URL: www.lafargepakistan.com.pk

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