Karachi: This is to inform you that the Board of Directors of the Company at its meeting held on October 19, 2011 approved the un-audited Accounts for the 1st Quarter ended September 30, 2011. The financial performance of the Company for the three months ended September 30, 2011 compared with the corresponding period last year is enclosed as per Annex-I.
We shall be sending you in due course of time 300/100 copies of printed Accounts for the 1st Quarter ended September 30, 2011 for distribution amongst the Members of the Exchange. The said Accounts are being placed on the Company’s Website and also being transmitted to the SECP and respective Stock Exchanges for display on their Websites.
Profit and Loss Account for the Period Ended September 30, 2011 (Un–Audited)
|(Rupees in thousands)|
|Add / (Less): Differential margin / (Gas development surcharge)||(2,531,352)||(16,782,871)|
|Cost of gas sales||47,814,321||45,376,896|
|Other Operating Income||1,521,201||1,692,336|
|Other operating expenses||39,893||62,813|
|Profit before taxation||258,467||709,317|
|Profit for the period||168,182||461,458|
|Earnings per share – basic arid diluted (Rs)||0.31||0.84|
For more information, contact:
Uzma Adil Khan
Sui Northern Gas Pipelines Limited