Trust Securities and Brokerage Limited’s financial results for the quarter ended March 31, 2012

[ 0 ] April 27, 2012 | Financial Results

Karachi: We have to inform you that the Board of Directors of our Company in their meeting held on April 26, 2012 at 3:30 P.M at Lahore approved the Un-audited Condensed Interim Financial Statements of the company for the third quarter ended March 31, 2011.

The Summarized financial results of the company are as follows:-

	For Nine Months Ended		For Third Quarter Ended
	March 31,	March 31,	March 31,	March 31,
	2012	2011	2012	2011
	Rupees	Rupees	Rupees	Rupees
Operating revenue	2,388,477	1,602,971	1,485,975	840,645
Gain on sale of securities	446,393	398,834	211,540	140,420
Gain / (Loss) on re-measurement of investments	57,000	(17,514)	477,562	(6,580)
	———-	———-	———	———
	2,891,870	1,984,291	2,177,017	974,485
Operating and administrative expenses	(10,117,406)	(10,686,504)	(1,958,490)	(1,903,103)
Finance Cost	(4,486)	(10,699)	(1,304)	(2,110)
	———-	———-	———	———
	(10,121,892)	(10,697,203)	(1,959,794)	(1,905,213)
	———-	———-	———	———
Operating profit/ ( Loss)	(17,230,022)	(8,712,912)	217,283	(930,728)
Other operating income	355,852	548,953	131,465	161,100
	———-	———-	———	———
Profit/ (Loss) before taxation	(6,874,170)	(8,163,959)	348,148	(769,628)
Taxation	(85,000)	576,679	(44,715)	(50,000)
	———-	———-	———	———
Profit/ (Loss) after taxation	(6,959,170)	(7,587,280)	304,033	(819,628)
	———-	———-	———	———
Earnings/ (Loss) per share-basic and diluted	(0.70)	(0.76)	0.03	(0.08)

For more information, contact:
Nadia Haider
Company Secretary
Trust Securities and Brokerage Limited
Corporate Office: 3rd floor, Associated House,
Building # 1 and 2, 7-Kashmir Roads,
Lahore-54000 (Pakistan)
Telephone: (92-42) 3637 3041-43
Trading: 3631 0241-44
Fax: (92-42) 3637 3040
Website: www.trustsecu.com
Email: info@trustsecu.com
tsbl@brain.net.pk

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