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Karachi: We have to inform you that the Board of Directors of our company in their meeting held on October 31, 2011 at 1:00 P.M at its registered office at #88, Khayaban-e-Iqbal, F-8/2, Islamabad, recommended the following
(i) Cash Dividend
An Interim Cash Dividend for the quarter ended September 30, 2011 at Rs 0 per share i.e. 0%.
The financial results of the Company are enclosed as “Annexure I”
Profit and Loss Account Un-Audited] for the Quarter Ended September 30, 2011
|
September 30 |
September 30 |
||
|
2011 |
2010 |
||
| Note |
Rupees |
Rupees |
|
| Revenue | 3 | 20,745,577 | 191,386,457 |
| Cost of sales/services | 4 | (19,083,784) | (15,558,236) |
| ———- | ———– | ||
| Gross profit/ (Loss) | 1,661,794 | 31,828,221 | |
| Administrative and Selling expenses | (11,071,115) | (11,808,968) | |
| ———- | ———– | ||
| Profit/ (Loss) from operations | (9,409,321) | 20,019,253 | |
| Other income/ (Loss) | (3,516,762) | 22,182,698 | |
| Financial cost | (217,956) (38,386) | ||
| ———- | ———– | ||
| (13,144,038) | 424,163,566 | ||
| Workers’s Profit Participation Fund and worker’s Welfare Fund | – | (2,863,385) | |
| ———- | ———– | ||
| Profit/ (Loss) before income tax | (13,144,039) | 39,300,181 | |
| Taxation | (207,456) | (13,783,692) | |
| ———- | ———– | ||
| Profit/ (Loss) after taxation | (13,351,495) | 25,516,489 | |
| ———- | ———– | ||
| Earnings per share | (2.03) | 3.88 |
For more information, contact:
Sheikh Usman Ahmed
Director
Ados Pakistan Limited
88. Khayaban-e-Iqbal. F-8/2,
P. O. Box: 1416. Islamabad – Pakistan
Tel: +92-51-2264308 and 2255560,
FAX: +92-51-2281678,
E-MAIL: ados@akbarassociates.com