News Makers News From Pakistan
Karachi: We are pleased to inform you that the financial account for the quarter ended 30th September 2011, has been approved by the Directors in their 138th meeting held at .02:30 pm on Thursday 27th October 2011. No Dividend has been declared. Profit and Loss account with comparative figures are attached herewith.
Profit and Loss Account for the Quarter Ended 30th Sept, 2011
|
September |
September |
||
|
2011 |
2010 |
||
| Note |
Rupees |
Rupees |
|
| Sales | 56,650,370 | 134,742,033 | |
| Cost of sales | 59,533,150 | 127,796,763 | |
| ———- | ———– | ||
| Gross profit | (2,882,780) | 6,945,270 | |
| Operating expenses | |||
| Administrative | 1,039,000 | 1,193,401 | |
| Selling and distribution | 14,140 | 13,594 | |
| Financial | 30,893 | 566,253 | |
| Workers profit participation fund | 28,390 | ||
| ———- | ———– | ||
| 1,084,033 | 1,801,638 | ||
| Operating profit | (3,966,813) | 5,143,632 | |
| Other income | 306,000 | 407,000 | |
| ———- | ———– | ||
| Other charges (Loss) | – | – | |
| Net profit before taxation | (3,660,813) | 5,550,632 | |
| Taxation | |||
| Current | (566,504) | (689,710) | |
| Prior | – | – | |
| Deferred | – | – | |
| ———- | ———– | ||
| (Loss) | (566,504) | (689,710) | |
| ———- | ———– | ||
| Net profit after taxation | (4,227,317) | 4,860,922 | |
| ———- | ———– | ||
| Earnings / (Loss) per share | (0.89) | 1.02 |
For more information, contact:
Regent Textile Industries Limited
1st Floor, Cotton Exchange Building,
I.I. Chundrigar Road, Karachi,
Tel: 32412946-9
Fax: 32416725
E-mail: harec@hashgroup.com
