Home / Financial Results / Safe Mix Concrete Products Limited’s financial results for the quarter ended September 30, 2011

Safe Mix Concrete Products Limited’s financial results for the quarter ended September 30, 2011

Karachi: We would like to inform you that the Board of Directors of our company in its meeting held on Friday, October 21, 2011 at 03t30 p.m., at die Arif Habib Center, 23, M.T. Khan Road, Karachi has approved the following financial Results:

 

Quarter Ended

30 September

30 September

2011

2010

Net Sales

(Amount in Rupees)

Cost of sales  138,123,060 126,021,877
Gross profit (132,117,019)  (119,457,367)
 ———– ———–
6,006,041 6,564,510
Selling Administrative expenses  (5,914,186) (6,063,602)
 ———– ———–
Operating profit  91,855  500,908
Finance cost  (2,967,712) (2,810,474)
Other Operating income  2,118,516 1,322,509
  ———– ———–
Loss before taxation  (757,341) (987,057)
Taxation  (1,381,231) (1,449,745)
 ———– ———–
Loss after taxation (2,138,572)  (2,436,802)
 ———– ———–
Loss per share – basic and diluted  (0.11)  (0.12)

 

The Board has also recommended the following:

 

Cash Dividend Nil
Bonus Shares Nil
Right Shares  Nil
Any other entitlement / corporate action  Nil
Any other sensitive information  Nil

 

For more information, contact:
Masood Ijaz
Company Secretary
Safe Mix Concrete Products Limited
Lahore 25-B, FCC,
Syed Martib Ali Road,
Gulberg IV,
Lahore.
Tel: +92 42 3577 7909
Fax: +92 42 3577 7910
Email: marketing@safemixlimited.com

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