Home / Financial Results / Pakistan Gum and Chemicals Limited’s financial results for the 3rd quarter ended 30th September 2011

Pakistan Gum and Chemicals Limited’s financial results for the 3rd quarter ended 30th September 2011

Karachi: We have to inform you that the Board of Directors of our Company in their Meeting held on Friday 28th of October, 2011 at 10:00 a.m. at the PakChem Premises, B-19/A, Irshad Qadri Road, S.I.T.E. Karachi, recommended the following:

(i) Cash Dividend                                  Nil
(ii) Bonus Shares                                  Nil
(iii) Right Shares                                 Nil
(iv)Any Other Entitlement / Corporate Action       Nil
(v) Any Other Price-Sensitive Information          Nil

The financial results of the Company are as follows:

 

Period Ended

Quarter Ended

Jan-Sep

Jan-Sep

Jul-Sep

Jul-Sep

2011

2010

2011

2010

Rs. ‘000  Rs. ‘000 Rs. ‘000  Rs. ‘000
Turnover – net 993,652 566,586 404,673  150,044
Cost of Sales (852,652) (522,758) (340,192) (149,762)
  ——- ——-  ——- ——-
Gross profit  141,000 43,828 64,481 282
Distribution and shipping costs (13,805) (17,099)  (4,688)  (3,088)
Administrative expenses  (26,404)  (17,142) (11,034)  (5,273)
Other Operating Expenses  (5,432)  –  (3,313) 399
Other Operating Income  554  1,479 191 578
 ——-  ——-  ——-  ——-
  (45,087)  (32,762) (18,844)  (7,384)
 ——-  ——-   ——-  ——-
Operating profit 95,913  11,066 45,637 (7,102)
Finance Cost  (17,614)  (13,460) (6,580) (3,880)
Other charges (2,279)  (1,989) (1,145)
 ——-  ——- ——-  ——-
Profit before taxation  76,020 (4,383)  37,912   (10,982)
Taxation – current   (17,383)  (5,665)  (7,498) (1,450)
 ——-   ——-  ——-  ——-
Net profit for the year 58,637  (10,048)  30,414 (12,432)
 ——- ——-  ——-  ——-
Earnings per share – basic and diluted Rs. 13.80 Rs. 2.37 R. 7.16 Rs. 2.93

 

For more information, contact:
Pakistan Gum and Chemicals Limited
Tel: +92-21 3258 1124-26
Fax: +92-21 3256 1320
E-mail; pakchem@cyber.net.pk
Website: www.pakchem.com.pk

Leave a Reply

Scroll To Top