Home / Financial Results / Ravi Textile Mills Limited’s financial result for the 1st quarter ended 30-09-2011

Ravi Textile Mills Limited’s financial result for the 1st quarter ended 30-09-2011

Karachi: We have to inform you that Board of Directors in their meeting held on Monday, October 31, 2011 at 03:00 P.M at registered office of the company, 60-Tipu New Garden Town , Lahore have approved first quarter Accounts for the period ended 30th September, 2011. The financial results of the company are as follows:

Condensed interim profit and Loss Account for the Quarter Ended 30th September, 2011

 

 QUARTER QUARTER
 ENDED ENDED
  SEPTEMBER SEPTEMBER
 2011  2010
 Rupees  Rupees
SALES  – 120,452,331
COST OF SALES  (6,250,008)  (126,080,121)
GROSS LOSS    (6,250,008) (5,627,790)
DISTRIBUTION COST  (880,078)
ADMINISTRATIVE EXPENSES (1,809,626)  (2,766,678)
OTHER OPERATING EXPENSES  –
  (1,809,626) (8,096,756)
 (8,059,634)  (8,724,546)
OTHER OPERATING INCOME 1,770,000  –
LOSS FROM OPERATIONS  (6,289,634) (8,724,546)
FINANCE COST  (2,645,809) (8,497,222)
LOSS BEFORE TAXATION (8,935,443) (12,221,768)
PROVISION FOR TAXATION  –   –
LOSS AFTER TAXATION (9,935,443)  (12,221,768)
LOSS PER SHARE- BASIC AND DILUTED (0.36)  (0.49)

 

For more information, contact:
Ravi Textile Mills Limited
60-Tipu, Block,
New Garden Town,
Lahore,
Pakistan.
Tel: +92-42-35886726
Fax: +92-42-35886729
Email: info@ravitextile.com

Leave a Reply

Scroll To Top