News Makers News From Pakistan
Karachi: It is to inform you that the Board of Directors of Nishat Ghunian Power Limited (NCPL) in their meeting held today Head Office, 31-Q, Gulberg II, Lahore, have approved the un-audited accounts of the Company for the 1st quarter ended 30 September 2011.
Cash Dividend: Nil
Bonus Shares: Nil
Right Shares:
The financial results of the Company are as follows:
|
Quarter ended |
||
|
30 September 2011 |
30 September 2010 |
|
|
Rupees |
Rupees |
|
| Sales | 6,224,624,941 | 3,739,526,992 |
| Cost of sales | 4,813,043,345 | 2,763,733,180 |
| ————- | ————- | |
| Gross profit | 1,411,581,596 | 975,793,812 |
| Administrative expenses | 17,746,980 | 4,772,819 |
| Other operating expenses | – | 2,000,000 |
| ————- | ————- | |
| 17,746,980 | 6,772,819 | |
| ————- | ————- | |
| 1,393,834,616 | 969,020,993 | |
| Other operating income | 5,586,384 | 11,407,133 |
| ————- | ————- | |
| Profit from operations | 1,399,421,000 | 980,428,126 |
| Finance cost | 817,022,956 | 560,476,268 |
| ————- | ————- | |
| Profit before taxation | 582,398,044 | 419,951,858 |
| Taxation | 2,396,032 | 1,093,286 |
| ————- | ————- | |
| Profit after taxation | 580,002,012 | 418,858,572 |
| ————- | ————- | |
| Earnings per Share-basic and diluted | 1.579 | 1.140 |
For more information, contact:
Muhammad Hameed
Company Secretary
Nishat Chunian Power Limited
31-Q, Gulberg II, Lahore -54660, Pakistan
Tel: 92-42-3576 1730
Fax: 92-42-35878696
E-mail: ncpl@nishat.net
