Home / Financial Results / Mahmood Textile Mills Limited’s financial results for the 1st quarter ended 30.9.2011

Mahmood Textile Mills Limited’s financial results for the 1st quarter ended 30.9.2011

Karachi: In compliance with your Listing Regulation No.17, we are pleased to inform you that the Meeting of the Board of Directors of the Company has been held today, the 29th October, 2011 at 11:00 A.M. at its Registered Office, Mehr Manzil, Lohari Gate, Multan to consider 1st Quarterly Un-Audited Accounts for the 1st Quarter ended 30.9.2011.

The Financial Results of the Company are as follow:-

Profit and Loss Account (Un-Audited) for the Period Ended September 30, 2011

 

2011

2010

1st Quarter

1st Quarter

30.9.2011

30.9.2010

Sales-not  30,503,368,536.00 2,706,458,674.00
Cost of Sales (3,121,015,852.00)  (2,187,170,178.23)
—————–  —————-
Gross Profit 382,352,684.00  519,288,495.77
Other operating Income  412,508,923.00  16,465,996.00
 —————–  —————-
412,508,923.00 535,754,491.77
Distribution Cost 106,345,461.00 86,788,437.00
Administrative expenses  38,405,059.00  26,594,752.00
Other Operating expenses 14,819,691.00  1,900,693.00
Finance cost  694,622,511.00 88,739,492.00
 —————–  —————-
224,192,719.00  203,023,374.00
 —————– —————-
Profit before taxation  186,316,204.00  332,731,117.77
Provision for taxation
For the year/ period 35,000,000.00 27,000,000.00
  0.00  –
  —————– —————-
 35,000,000.00 27,000,000.00
 —————–  —————-
Profit for the year/ Period 153,316,204.00  305,731,117.77
 —————–  —————-
Earnings per Share 10.22 20.38

 

For more information, contact:
Khawaja Muhammad Younus
Director
Mahmood Textile Mills Limited
Mehar Manzil, P.O. Box 28,
O/s Lohari Gate, Multan (Pakistan)
UAN: +92 61 111 181 181
Fax: +92 61 4511262
E-mail: info@mahmoodgroup.com
URL: www.mahmoodgroup.com

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