Home / Financial Results / Regent Textile Industries Limited’s financial results for the period ended 30th September, 2011

Regent Textile Industries Limited’s financial results for the period ended 30th September, 2011

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

Leave a Reply

Scroll To Top