Home / Financial Results / Shabbir Tiles and Ceramics Limited’s financial results for the first quarter ended September 30, 2011

Shabbir Tiles and Ceramics Limited’s financial results for the first quarter ended September 30, 2011

Karachi: We have to inform you that the Board of Directors of the Company in their meeting held on Thursday, October 27, 2011 at 12:00 noon at house of Habib 2nd Floor, Siddique sons Tower, Shahrah-e-Faisal, Karachi have recommended the following:

Cash Dividend                Nil
Bonus Shares                 Nil
Right Shares                 Nil
Any other entitlement        Nil

The Financial results of the Company are as follows:

 

July to September

2011

2010

(Rupees in `000)

Turnover- net 1,176,632 988,698
Cost of sales (843,166) (748,754)
 ———  ——-
Gross profit  328,466 239,944
Distribution costs  (170,713) (155,348)
Administrative expenses (18,380)  (18,715)
——— ——-
(189,093)  (174,063)
Other operating income 3,643  1,135
———  ——-
Operating Profit 143,016  67,016
Finance costs  (100,066) (135,511)
Other charges  (4,681)  (1,924)
———  ——-
Profit / (loss) before taxation  38,269  (70,419)
Taxation
– Current  (13,386)  (9,699)
– Deferred (14,044) 19,666
  ———  ——-
 (27,430)  9,967
———   ——-
Profit / (loss) after taxation 10,839  (60,452)
———  ——-
  Rupee  Rupee
(Restated)
Earnings / (loss) per share – basic and diluted 0.08  (0.42)

 

For more information, contact:
Aziz Ahmed
Company Secretary
Shabbir Tiles and Ceramics Limited
15th Milestone, National Highway.
Landhi, Karachi – 75120, Pakistan.
Tel: + (9221) 35015024-25
Fax #:  (9221) 35015545
E-mail: info@stile.com.pk

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