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Karachi, October 30, 2012 (PPI-OT): We have to inform you that the Board of Directors of our Company in its meeting held today October 25, 2012 at 4:00 p.m. at Vehari Road, Multan recommended the payment of Interim Cash Dividend/ Bonus shares for the First Quarter ended September 30, 2012 at the rate of Rs. Nil per share (Nil%).
The financial results of the Company are as follows:
|
September 30, 2012 |
September 30, 2011 |
|
|
Rupees |
Rupees |
|
| Sales |
471,321,561 |
530,370,937 |
| Cost of goods sold |
(423,160,455) |
(501,022,705) |
|
———– |
———– |
|
| Gross Profit |
48,161,106 |
29,348,232 |
| Other Operating Income |
35,658 |
40,445 |
|
———– |
———– |
|
|
48,196,764 |
29,388,677 |
|
| Distribution cost-commission |
(1,853,093) |
(3,038,702) |
| Administrative Expenses |
(10,981,042) |
(9,212,969) |
| Other operating expenses |
(1,974,686) |
(472,907) |
| Finance Cost |
(6,743,985) |
(10,283,280) |
|
———– |
———– |
|
|
(21,552,806) |
(23,007,858) |
|
|
———– |
———– |
|
| Profit before Taxation |
26,643,958 |
6,380,819 |
| Provision for Taxation |
(9,325,385) |
(5,303,709) |
|
———– |
———– |
|
| Profit for the period |
17,318,573 |
1,077,110 |
|
———– |
———– |
|
| Earnings per share-basic and diluted |
21.65 |
1.35 |
For more information, Contact:
Allawasaya Textile and Finishing Mills Limited
Allawasaya Square, Mumtazabad Industrial Area,
Vehari Road, Multan (Pakistan).
Phone: P.A.B.X. 92-61-4233624 – 3 Lines,
Fax: 92-61-6525202
E-mail: atm@allawasaya.com
Website: www.allawasaya.com