News Makers News From Pakistan
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
