Karachi: We have to inform you that the Board of Directors of our company in their meeting held on Tuesday, October 25, 2011 at 4:00 p.m. at the registered, office 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
The financial results of the Company as of September 30, 2011 are as follows:
Annexure “A”
Condensed Interim Profit and Loss Account for the Quarter Ended September 30, 2011 (Unaudited)
For the quarter Ended |
For the quarter Ended |
|
September 30, 2011 |
September 30, 2010 |
|
(Un-Audited) |
(Un-Audited) |
|
(Rs. In thousands) |
||
Turnover- net | 1,684,742 | 1,392,134 |
Terminal operating costs | 894,330 | 82,612 |
——— | ——— | |
Gross profit | 790,412 | 568,522 |
Administrative expenses | 161,107 | 105,258 |
Other operating income | 55,604 | 35,241 |
——— | ——— | |
684,909 | 498,505 | |
Finance costs | 184,509 | 33,544 |
Other Charges | 10,755 | 28,588 |
——— | ——— | |
Profit before taxation | 489,645 | 436,373 |
Taxation | 171,376 | 159,135 |
——— | ——— | |
Profit after taxation | 318,269 | 277,238 |
——— | ——— | |
Earnings per ordinary share – Basic | 2.87 | 2.49 |
——— | ——— | |
(Restated) |
||
Earnings per ordinary share – Diluted | 2.50 | 2.18 |
For more information, contact:
Pakistan International Container Terminal Limited
2nd Floor, Business Plaza,
Mumtaz Hassan Road,
Karachi74000, Pakistan
Tel: (+9221) 32400450-3
Fax: (+9221) 32400281
Website: www.pict.com.pk
E-mail: info@pict.com.pk