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