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Sitara Peroxide 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 Peroxide Limited (SPL) in their meeting held at 12:00 noon on Tuesday, October 25, 2011 approved the financial results of the company for the first quarter ended September 30, 2011.

The financial results are as follows:

 

Quarter Ended September 30,

2011

2010

Rupees

Rupees

Sales 273,618,222  249,781,588
Cost of sales 185,683,976 161,504,829
———– ———–
Gross profit 87,934,246  88,276,759
Distribution expenses 4,295,580 3,135,796
Administrative expenses 13,962,682 8,549,857
Other operating expenses  – 57,559
Other operating income  (204,877)
 ———– ———–
18,258,262 11,538,335
Operating profit 69,675,984 76,738,424
Finance cost 65,331,262 61,450,858
 ———–  ———–
Profit before taxation  4,344,222 15,287,566
Provision for taxation  2,817,045 2,451,433
———–  ———–
Profit after taxation for the period  1,527,177 12,836,133
 ———–  ———–
Earnings per share – basic and diluted   0.03  0.23

 

For more information, contact:
Mazhar Ali Khan
Company Secretary
Sitara Peroxide Limited
601-602, Business Centre,
Mumtaz Hasan Road. Karachi – Pakistan
Tel: (021) 3241-3944, 3242-0620
Fax: (92-21) 3241-5452
E-mail: sales@sitaraperoxide.com
Website: www.sitaraperoxide.com

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