Home / Financial Results / Zahidjee Textile Mills Limited’s financial results for the quarter ended September 30, 2011

Zahidjee Textile Mills Limited’s financial results for the quarter ended September 30, 2011

Karachi: This is to inform you that the Board of Directors of our company in their meeting held at 11:30 PM on Monday October 31, 2011 at registered office, 20, Bilal Road, Civil Lines, Faisalabad recommended the following:

CASH DIVIDEND

NIL

BONUS SHARES/ RIGHT SHARES /OTHER ENTITLEMENT

NIL

The Financial results of the company are as follows;

 

September 30,

September 30,

2011

2010

Rupees

Rupees

Sales  818,599,773 1,063,677,950
Cost of goods sold 815,402,935 914,342,085
 ————– —————
Gross profit  3,196,838  149,335,865
Other operating income 13,044,397  209,403
 ————–  —————
16,241,235  149,545,268
Distribution cost  14,783,222 12,071,939
Administrative expenses  10,677,970 7,402,227
Other operating expenses 23,107,860  –
Finance cost 33,016,599 43,018,947
 ————– —————
81,585,651 62,493,113
Share of loss of associate  –  (16,101,662)
(Loss)/profit before taxation  (65,344,416) 70,950,493
Provision for taxation  (7,308,557) 6,922,662
 ————– —————
(Loss)/profit for the period  (58,035,859) 64,027,831
 ————– —————
Earnings per share – Basic (1.70)  1.88

 

For more information, contact:
Shahab-ud-din Khan
Company Secretary
Zahidjee Textile Mills Limited
20, Bilal Road, Civil Lines,
Faisalabad- Pakistan
Tel: +92 41 2649340,
Fax: +92 41 2615421
E-mail: zahidjee@zahidjee.com.pk
URL: www.zahidjee.com.pk

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