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Pak Datacom Limited’s financial results for the 1st quarter ended on September 30, 2011

Karachi: We are pleased to inform that the Board of Directors of our company in their meeting held on Thursday, October 20, 2011 at 03:00 pm recommended the following:

(i)  Cash dividend

Cash dividend for the period ended 30-09-2011 @ Rs. NIL per share i.e NIL %. No Interim Dividend has been paid earlier.

(ii) Bonus Shares

The Board of Directors has recommended not to issue any Bonus Shares for the period.

(iii) Right Shares

The financial results of the company are as follows:

 

September 30,

2011

September 30,

2010

Rupees

Rupees

Revenue 176,014,109 222,000,265
Cost of services (135,073,778) (162,135,927)
 ————-  ————-
40,940,331 59,864,338
————- ————-
Administrative expenses  (21,233,464)  (16,072,444)
Marketing expenses  (1,463,983) (219,090)
 ————-  ————-
(22,697,447) (16,291,534)
 ————- ————-
Operating profit 18,242,884 43,572,804
Other operating income 7,336,316 5,532,597
 ————- ————-
 25,579,200 49,105,401
Finance cost  (92,649) (273,179)
 ————- ————-
Profit before taxation 25,486,551 48,832,222
Provision for taxation (8,920,292)  (17,091,277)
————- ————-
Profit after taxation 16,566,259 31,740,945
Other comprehensive income
 ————-  ————-
Net profit for the year 16,566,259  31,740,945
 ————-  ————-
Earnings per share (EPS) 2.11 4.05

 

The Share Transfer Books of the Company will not be closed. Transfers request may be sent to the Shares Department, Pak Datacom Limited, M/S Hassan Farooq Associates (Private) Limited HF House, 7-G, Gulberg II, Mushtaq Ahmed Gormani Road Lahore

For more information, contact:
Syed Sajjad Hasan
Company Secretary
Pak Datacom Limited
3rd Floor, Umar Plaza,
Blue Area, Islamabad, Pakistan
T: + 92 51 2823504,
F: + 92 51 2823270
Website: www.pakdatacom.com.pk

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