News Makers News From Pakistan
Karachi: We have to inform you that the Board of Directors of our company in their Meeting held at 11:00 a.m. on Thursday, October 27, 2011 recommended no Cash Dividend, Bonus or Right Issue of the Shares.
The financial results of the Company are as follows:
|
(Rupees in Thousands) |
||
|
Sept.30, 2011 |
Sept. 30, 2010 |
|
| Sales -Net | 355,389 | 416,874 |
| Cost of Sales | 348,596 | 364,644 |
| ——- | ——- | |
| Gross Profit | 6,793 | 52,230 |
| Administrative and General | 6,499 | 6,275 |
| Selling and distribution | 92 | 638 |
| ——- | ——- | |
| 6,591 | 6,913 | |
| ——- | ——- | |
| Operating Profit | 202 | 45,317 |
| Financial charges | 7,236 | 11,113 |
| Other charges | – | 2,360 |
| ——- | ——- | |
| (7,034) | 31,844 | |
| Other income | 456 | – |
| ——- | ——- | |
| PROFIT/(LOSS) BEFORE TAXATION | (6,578) | 31,844 |
| Taxation | 1,290 | 5,273 |
| ——- | ——- | |
| PROFIT/(LOSS) AFTER TAXATION | (7,868) | 26,571 |
| ——- | ——- | |
| Basic earnings per share (Rupees) | (2.62) | 8.86 |
For more information, contact:
Shadab Textile Mills Limited
A-601/A, City Towers,
6-K Main Boulevard,
Gulberg-II, Lahore.
Tel: (042) 3578814-16
Fax: (042) 35788718
Email: shadstm@brain.net.pk
