Home / Financial Results / Sigma Leasing Corporation Limited’s financial results for the period ended September 30, 2011

Sigma Leasing Corporation Limited’s financial results for the period ended September 30, 2011

Karachi: We have to inform you that the Board of Directors of our company in their meeting held at 11:00 a.m. on Saturday October 22, 2011 have approved the accounts for the period ended September 30 2011.

The financial results of the company are as under:

 

 

Quarter / Period Ended

September 30,

2011

2010

Rupees

Income
Lease income 3,175,627 83,533,339
Mark-up on deposits /Placements 372,349 1,174,440
Other operating income 5,677,104 3,061,013
———-  ———-
9,225,020 12,588,792
Expenses
Administrative and operating expenses 4,566,432 5,784,481
Financial charges 137,725 29,418
 ———- ———-
4,704,217  5,813,898
 ———- ———-
Operating Income 4,520,863  6,774,894
Unrealised loss on revaluation of HFT investments 947,813 1,805,666
 ———- ———-
Profit before taxation  3,573,050 4,969,228
Provision for taxation
Current 141,451 13,541,740
Deferred  (414,352)  (13,403,388)
———-  ———-
(272,901) 138,352
  ———- ———-
Net profit for the period 3,845,951 4,830,876
 ———- ———-
Earnings per share – basic and diluted 0.13 0.16

 

For more information, contact:
Asif Ali Rashid
CEO/ Chairman
Sigma Leasing Corporation Limited
Sigma House 8-C,
Block – 6, P.E.C.H.S.,
Off. Shahrah-e-Faisal,
Karachi – 75400,
Pakistan.
Tel: 34557233-4
Fax: 34544439
Email: info@sigma-leasing.com
Web: www.sigma-leasing.com

Leave a Reply

Scroll To Top