Home / Financial Results / Reliance Cotton Spinning Mills Limited’s financial results for the quarter ended 30-09-2011

Reliance Cotton Spinning Mills Limited’s financial results for the quarter ended 30-09-2011

Karachi: We have to inform you that the Board of Directors of our company in their Meeting held at 12:30 p.m. on Saturday the 29th day of October, 2011 approved the following

The financial results of the Company are as follows:

 

Un-Audited Quarter

Un-Audited Quarter

ended September 30,

ended September 30,

2011

2010

Rupees

Rupees

Sales  673,123,030  610,035,072
Cost of sales  579,175,814  431,004,967
 ———– ———–
Gross profit 93,947,216 209,030,105
Other operating income 27,180 162,905
93,974,396 209,193,010
 ———–  ———–
Distribution cost 28,295,350  30,954,498
Administrative expenses   8,020,501 13,879,315
Other operating expenses  4,246,370 9,691,548
Finance Cost 26,054,274 23,901,984
  ———– ———–
66,616,495 78,427,345
 ———–  ———–
27,357,901 130,765,665
Share of profit of associates 13,734,645  25,198,675
 ———–  ———–
Profit before taxation  4,092,546  155,964,340
Provision for taxation 2,765,603  9,189,207
———– ———–
Profit for the period 38,326,943 146,775,133
  ———– ———–
Earnings per share – basic and diluted 3.72 14.26

 

For more information, contact:
Sapphire Reliance Cotton Spinning Mills Limited
149- Cotton Exchange. Building,
I.I. Chundrigar Road, Karachi (Pakistan)
UAN: +92 21 111-000-100
Fax: +92 21 2416705
Website: www.sapphire.com.pk
E-mail: info@sapphire.com.pk

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