(Colony) Thal Textile Mills Limited’s financial results for half year ended on December 31, 2011

(Colony) Thal Textile Mills Limited’s financial results for half year ended on December 31, 2011

[ 0 ] February 28, 2012 | Financial Results | Share:

Karachi: We inform that the Board of Directors of our Company in their meeting held on February 28, 2012 on 10:00 a.m. at 30-Zahoor Afridi Road, Lahore Cantt. Recommended the following:

 

(i) Cash Dividend Nil
(ii) Bonus Shares Nil
(iii) Right Shares Nil
iv) Any Other Entitlement/Corporate Action Nil
(v) Any Other Price-Sensitive Information N/A

 

The financial results of the Company are as follows:

 

Half Year Ended Quarter Ended
July to Dec July to Dec Oct to Dec Oct to Dec
2011 2010 2011 2010
Rupees
Sales – Net 474,517,721 328,172,982 265,027,602 177,442,022
Cost of Sales (497,920,810) (316,326,695) (290,976,628) (172,309,756)
————- ————- ————- ————-
Gross Profit (23,403,089) 11,846,287 (25,948,026) 5,132,256
Operating Expenses:
Administrative and Selling (5,598,073) (6,881,910) (2,893,480) (3,862,763)
Financial Cost (11,286,088) (6,573,092) (6,082,982) (3,092,798)
————- ————- ————- ————-
(16,884,161) (13,455,002) (8,976,462) (6,955,561)
Operating (Loss) (40,287,250) (1,608,715) (34,924,488) (1,823,305)
Other Income 6,400
————- ————- ————- ————-
Net (Loss) before taxation (40,287,250) (1,602,315) (34,924,488) (1,823,305)
Taxation – (3,336,081) (1,774,420)
————- ————- ————- ————-
(Loss) after Taxation (40,287,250 (4,938,396) (34,924,488) (3,597,725)
————- ————- ————- ————-
Basic (Loss) Per Share (7.23) (0.89) (6.27) (0.65)

 

For more information, contact:
Tanveer Aziz Shaikh
Chief Executive
(Colony) Thal Textile Mills Limited
7/1 Main Shami Road,
Cantt, Lahore.
Phone: 36666634
Fax: 36687353

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Category: Financial Results

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