Home / Financial Results / The National Silk and Rayon Mills Limited’s financial results for the quarter ended September 30, 2011

The National Silk and Rayon Mills Limited’s financial results for the quarter ended September 30, 2011

Karachi: We have to inform you that the Board of Directors of our company in their meeting held on 29.10.2011 at 10:00 a.m. at Mills premises at Jaranwala Road, Faisalabad has approved the Quarterly Accounts for the period ended September 30, 2011, A complete copy of the profit and loss account with comparative figures of the corresponding period is enclosed herewith for your information and circulation.

Condensed interim profit and loss account (unaudited ) for the period ended September 30,2011

 

September 30,

September 30

2011

2010

Note

Rupees

Rupees

Sale-net 9 90,589,038 95,746,173
Cost of sales 82,075,562 87,560,855
 ———- ———–
Gross profit  8,513,476 8,185,318
Distribution cost  179,774
Administrative expenses  5,706,674  6,009,486
Other operating expenses 95,183 47,695
———-  ———-
 5,981,632  6,057,181
  ———-  ———-
 2,531,844  2,128,137
Other operating income  10  354,425 125,128
———- ———-
2,886,269 2,253,265
Finance cost 1,621,689  1,143,037
 ———-  ———-
Profit before taxation 1,264,580 1,110,228
Taxation:
Current:
For the year 905,890 957,462
Deferred  –  1,021,257
———- ———
905,890 1,978,719
———-  ———-
Profit/ (Loss) for the period 358,689  (868,491)
 ———–  ———-

——-Rupees———-

(Loss ) / Earning per share-Basic and Diluted  0.32  (0.78)

 

The annexed notes 1 to 13 form an integral part of these Condensed interm financial statements.

For more information, contact:
The National Silk and Rayon Mills Limited
Jaranwala Road Faisalabad,
Tel#92-41-8530235-36, 8534240, 8711865
Fax: 92-41-8712216

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