Home / Financial Results / Shahzad Textile Mills Limited’s addendum to the financial statements for the year ended June 30, 2011

Shahzad Textile Mills Limited’s addendum to the financial statements for the year ended June 30, 2011

Karachi: Please find attached an addendum to the Financial Statements of the Company for the year ended June 30, 2011 which has been circulated to the shareholders of the Company. This will replace Notes 35.1 and 35.2 as published in the said Financial Statements of the Company. The same is has also been sent to the shareholders, Karachi and Lahore Stock Exchanges for their information.

Addendum to the Financial Statements for the year ended June 30, 2011.

The following Notes No. 35.1 and 35.2 may please be replaced with the Notes 35.1 and 35.2 as published in the Financial Statements for the year ended June 30, 2011 of the Company.

35.1 Basic

 

Profit after taxation for the year

attributable to ordinary shareholders

Rupees 132,114,545
Weighted average number of ordinary shares

outstanding during the year

Number 17,414,482
Effect of Diluted reserve arising as per

of Amalgamation

Number
———-
17,414,482
Earnings per share- Basic Rupees 7.59
———-
35.2 Diluted
Profit after taxation for the year

attributable to ordinary shareholders

Rupees 132,114,545
Weighted average number of ordinary share ———–
outstanding during the year Number 17,414,482
Effect of diluted reserve arising as per

of Amalgamation

Number
  ————
17,4 14,482
Earnings per share- Diluted Rupees 7.59

 

Further, the Earnings per Shares – Basis and Diluted on Page 13 and Page 20 of the Annual Report may be read as under:

Page 13 of Director Report

In the last line on Page 13, the figure of Earnings per Share may please be read as Rs. 7.59 instead of Rs. 7.37.

Page 20 of profit and Loss Account

The last two lines may be replaced with the following

 

Earnings per Share – Basic 35.1 7.59
Earnings per Share – Diluted 35.2 7.59

 

For more information, contact:
Shahzad Textile Mills Limited
19-A, Off. Zafar Ali Road,
Gulberg-V, Lahore, (Pakistan)
Ph: 35754024
Fax: 35754027
Web: www.shaheencotton.com
E-mail: shaheen@brain.net.pk

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