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Karachi: We have to inform you that the Board of Directors of our Company in its meeting held today the 27th day of October 2011 at 3:30 pm at Vehari Road, Multan recommended the payment of Interim Cash Dividend Bonus /shares for the First Quarter ended September 30, 2011 at the rate of Rs. NIL per share (NIL%).
The financial results of the Company are as follows:
|
30th Sept, 2011 |
30th Sept, 2011 |
|
|
Rupees |
Rupees |
|
| Sales | 530,370,937 | 444,252,662 |
| Cost of goods sold | (501,022,705) | (402,415,211) |
| ———– | ———– | |
| Gross Profit | 29,348,232 | 41,837,451 |
| Other Operating Income | 40,445 | 36,573 |
| ———– | ———– | |
| 29,388,677 | 41,874,024 | |
| Distribution cost – commission | (3,038,702) | (1,387,993) |
| Administrative Expenses | (9,212,969) | (8,108,243) |
| Other operating expenses | (472,907) | (1,294,801) |
| Finance Cost | (10,283,280) | (7,869,752) |
| ———– | ———– | |
| (23,007,858) | (18,660,789) | |
| ———– | ———– | |
| Profit before Taxation | 6,380,819 | 23,213,235 |
| Provision for Taxation | (5,303,709) | (8,124,632) |
| ———– | ———– | |
| Profit for the period | 1,077,110 | 15,088,603 |
| ———– | ———– | |
| Earnings per share- basic and diluted | 1.35 | 18.86 |
For more information, contact:
Allawasaya Textile and Finishing Mills Limited
Allawasaya Square,
Mumtazabad Industrial Area,
Vehari Road, Multan (Pakistan)
Ph: P.A.B.X. 92-61-4233624-3
Fax: 92-61-6525202
E-mail: atm@allawasaya.com
Website: www.allawasaya.com