Home / Financial Results / Sitara Energy Limited’s financial results for the first quarter ended September 30, 2011

Sitara Energy Limited’s financial results for the first quarter ended September 30, 2011

Karachi: We have to inform you that the Board of Directors of Sitara Energy Limited (SEL) in their meeting held on Wednesday, October 26, 2011 approved the financial results of the company for the first quarter ended September 30, 2011.

The financial results are follows:

 

Quarter Ended

September30

September 30

2011

2010

(Rupees in Thousands)

Sale – Net 1,130,585 952,101
Cost of generation 1,009,777 836,552
 ——— ——-
Gross Profit 120,808 115,549
Other operating (expenses) / income  (3,965) 1,436
——— ——-
116,843 116,985
Operating expenses  20,813  15,581
Other operating (expenses) / income  1,090 1,346
Finance Cost 74,236 74,487
 ——— ——-
 96,139 91,414
———  ——-
Profit for the period before taxation 20,704 25,571
Provision for taxation
 ——— ——-
Profit for the period 20,704 25,571
——— ——-
Profit per share – Basic  1.08 1.34

 

For more information, contact:
Mazhar Ali Khan
Company Secretary
Sitara Energy Limited
601-602, Business Centre,
Mumtaz Hasan Road, Karachi-74000
Tel: 021 3241-3944, 3242-0620
Fax: 021 3241-5452
E-mail: corp@sitara.com.pk
Website www.sitara.com.pk

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