Home / Financial Results / Pakistan Engineering Company Limited’s financial results – year ended 30.06.2011

Pakistan Engineering Company Limited’s financial results – year ended 30.06.2011

Karachi: We have to inform you tint the Board of Directors our company in their meeting held on 27.02.2011 at 16:00 Hours at Kot Lakhpat Works, Lahore of the Company, approved the following financial results for the year ended June 30, 2011;

 

Rs. in Million

June 30, 2011 June 30, 2010
Sales (Net) 712,177 1,677,379
Cost of Goods Sold 677,119 1,371,129
 ———  ———
Gross Profit 35,058 306,250
Operating Expenses
Selling and Distribution Expenses 11,460 11,961
Freight and Forwarding Expenses 12,955 25,587
General and Admin. Expenses 47,180 49,916
——— ———
Total 71,595 87,464
Operating Profit / (Loss) before tax  (36,537) 218,786
Other Charges 8,960 0,757
Financial Expenses 17,540 30,684
——— ———
Operating Profit / (Loss)  (63,037) 187,345
Other Income 8,312 5,474
Workers’ Profit Participation Fund  9,596
 ———  ———
Profit / (Loss) Before Tax (54,725) 183,223
(From Continuing Operations)
Taxation 18,740 68,949
——— ———
Profit / (Loss) after Tax (35,985)  114,274
 ———  ———
(From Continuing Operations
Discontinued Operations
Profit for the year after Taxation 5,391 0,264
Discontinued operations
Profit /(Loss) after Tax for the year (30,594) 114,538
 ——— ———
Earning / (Loss) Per Share (Basic) Rs.  (5.38) 20.13

 

(Continuing and Discontinued Operations)

For more information, contact:
Mian Anwar Aziz
Company Secretary
Pakistan Engineering Company Limited
6/7, Sir Ganga Ram Trust Building,
Shahrah-e-Quaid-e-Azam,
Lahore – 54000,
Pakistan.
Tel: (+92-42) 37320225-27
Fax: (+92-42) 37323108
Email: info@peco.com.pk

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