Home / Financial Results / Telecard Limited’s financial results for the 1st quarter ended September 30, 2011

Telecard Limited’s financial results for the 1st quarter ended September 30, 2011

Karachi: We have to inform you that the Board of Directors of our Company in their meeting held on 31st October 2011 at 1600 hours Pakistan Standard Time at Corporate Office of the Company situated at World Trade Centre, 10, Khayaban-e-Roomi, Clifton, Karachi recommended the following:

Cash Dividend                                 Nil
Bonus Shares                                  Nil
Right Shares                                  Nil
Any Other Entitlement corporate action        N/A
Any Other – Sensitive Information             N/A

The financial results of the Company for the period ended September 30, 2011 are as follows:

Condensed Profit and Loss Account for the Period Ended September 30, 2011

 

Sep 30

Sep 30

2011

2010

Rupees in 000

Revenue – net  356,146  422,294
Direct costs (378,888) (381,629)
 ———  ———-
Gross (Loss) / Profit (22,742) 40,665
Distribution costs and administrative expenses  (93,556)   (88,975)
Other operating expenses  (991) (1,326)
  ———  ———-
  (94,547)  (90,303)
Other operating income  6,550 1,597
Liabilities no longer payable written back  –  516,000
 ——— ———-
 6,550 517,597
 ———  ———-
 (87,997)  427,294
———  ———-
Operating (loss)/ Profit  (110,739) 467,959
Finance costs  (72,218)  (74,301)
  ———  ———-
(Loss) / Profit Before Taxation (182,957) 393,658
Taxation   63,011  (141,912)
 ———  ———-
Net (loss)/ Profit for the year  (119,946) 251,746
———  ———-
Earnings Per Share – Basic and diluted (Rupees) (0.40) 0.84

 

For more information, contact:
Waseem Ahmad
Company Secretary
Telecard Limited
Corporate Office: World Trade Center,
10, Ky. Roomi, Clifton, Karachi- 75600
PABX: (92-21) 38330001-9
UAN: 111-222-123
Fax: (92-21) 35867850
www.telerard.com.pk

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