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Sapphire Fibres Limited’s financial results for the quarter enter 30-09-2011

Karachi: We have to inform you that the Board of Directors of Our Company in their Meeting held at 10:30 a.m. on Saturday the 29th day of October 2011 approved the following.

The financial results of the company are as follows:

 

September 30,

September 30,

2011

2010

Rupees

Rupees

Sales  3,317,041,154  2,860,985,324
Cost of sales 2,894,141,785  2,040,178.633
 ————- ————-
Gross profit 422,899,369 820,806,691
Selling and distribution cost 138,297,632 136,897,057
Administrative expenses  39,012,576 31,318,293
Other operating expenses 22,157,325 42,504,894
Other operating income  (57,730,102)  (48,975,591)
————- ————-
141,737,431 161,744,653
 ————-   ————-
Operating profit  281,161,938 659,062,038
Finance cost 93,139,182  120,667,337
 ————-  ————-
Profit before taxation  188,022,756 538,394,701
Taxation  ————-  ————-
Current  36,509,613 33,416,890
Deferred  (21,511,095)  (23,636,560)
————-  ————-
14,998,518 9,780,330
————- ————-
Profit after taxation 173,024,238 528,614,371
————-  ————-
Basic earnings per share 87.9  26.85

 

For more information, contact:
Sapphire Fibres Limited
316, Cotton Exchange Building,
I.I. Chundrigar Road,
Karachi, Pakistan.
UAN: 92 21 111 000 100
Fax: 92 21 2416705

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