Bata Pakistan Limited’s financial results for the half year ended 30th June, 2013

Bata Pakistan Limited’s financial results for the half year ended 30th June, 2013

August 15, 2013 | Financial Results | Share:

Karachi, August 15, 2013 (PPI-OT): We have to inform you that the Board of Directors of our Company in their meeting held at 11.00 a.m. on Thursday, 15th August, 2013 has approved the accounts for the Half Year ended 30th June, 2013 and recommended the following:

(i) Cash Dividend : Nil
(ii) Bonus Issue : Nil
(iii) Right Shares : Nil
(iv) Any other entitlement : Nil
(v) Any other price-sensitive information : Nil

The financial results of the Company are as follows:

                                        Half Year ended                Quarter ended
                                    June 30,       June 30,        June 30,      June 30,
                                      2013           2012            2013          2012
                                    Rs.'000s       Rs.'000s        Rs.'000s       Rs.'000s

Net Sales                          5,842,657      5,189,060       3,005,473      2,689,974
Cost of Sales                      3,577,217      3,187,309       1,806,163      1,595,964
                                   ---------      ---------       ---------      ---------
Gross Profit                       2,265,440      2,001,751       1,199,310      1,094,010
Operating Expenses                 1,546,797      1,372,845         785,770        712,086
                                   ---------      ---------       ---------      ---------
Operating Profit                     718,643        628,906         413,540        381,924
Finance Cost                          27,449         24,482          14,583         12,810
                                   ---------      ---------       ---------      ---------
                                     691,194        604,424         398,957        369,114
Other Income                          44,831         22,307          20,616         13,422
                                   ---------      ---------       ---------      ---------
Profit before Taxation               736,025        626,731         419,573        382,536
Provision for Taxation               191,965        154,027         108,321         82,166
                                   ---------      ---------       ---------      ---------
Profit after Taxation                544,060        472,704         311,252        300,370
                                   ---------      ---------       ---------      ---------
Earnings Per Share
Basic and Diluted                   Rs.71.97       Rs.62.53        Rs.41.17       Rs.39.73
                                   ---------      ---------       ---------      ---------

We will be sending you 300 copies of printed Half Yearly Accounts for distribution amongst the members of the Exchange in due course of time.

For more information, contact:
S.M. Ismail
Company Secretary
Bata Pakistan Limited
Batapur, Lahore, Pakistan
UAN: 92-42-111-044-055
Fax: 92-42-36581176-77
E-mail: bata@bata.com

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Category: Financial Results