News Makers News From Pakistan
Karachi: We have to inform you that the Board of Directors of our Company in their meeting held on 26 October 2011, at 04:00 p.m. at Lahore have recommended the followings:
Bonus Shares Nil
Cash Dividend Nil
Right Issue Nil
Financial Results:
The financial results of the Company ire as under:
Profit and Loss Account for the period ended 30 September 2011
|
30 September |
30 September |
|
|
2011 |
2010 |
|
|
(Rupees) |
(Rupees) |
|
| Revenue – Net | 66,677,661 | 119,814,426 |
| Direct costs | (103,266,606) | (82,635,125) |
| ———– | ———– | |
| Gross profit/ (Loss) | (36,588,945) | 37,179,301 |
| Operating cost | (34,766,704) | (53,575,623) |
| ———– | ———– | |
| Operating loss | (71,355,649) | (21,396,322) |
| Finance costs | (23,338,434) | (18,135,144) |
| ———– | ———– | |
| (94,694,083) | (39,531,466) | |
| Other Operating income | 482,606 | 26,824 |
| ———– | ———– | |
| Loss before taxation | (94,211,477) | (39,504,642) |
| Taxation | 33,872,086 | 12,443,063 |
| ———– | ———– | |
| Total comprehensive loss for the period | (60,339,391) | (27,061,579) |
| ———– | ———– | |
| Loss per share – basic and diluted | (0.45) | (0.20) |
Since the Company has not declared any payouts, therefore no book closure is required.
For more information, contact:
Nadeem Maqsood
Company Secretary
Media Times Limited
103-C/II, Gulberg-III,
Lahore Pakistan,
UAN: 92- 42-111-947-947
PABX: 92-42-35757591-94
Fax: 92-42-35757590, 35877920
