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Karachi: We are pleased to inform you that the Board of Directors in the meeting held on Friday 24 February, 2012 at 10:30 am. have approved the Financial Results of the Company for the Half Year ended 31 December, 2011.
These Financial Results are as follows:
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Quarter ended |
Half-year ended |
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31 December, |
31 December, |
31 December, |
31 December, |
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|
2011 |
2010 |
2011 |
2010 |
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|
Rupees |
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| INCOME | 3,431,287 | 2,921,452 | 6,904,791 | 6,297,704 |
| OPERATING AND GENERAL | ||||
| EXPENSES | 1,972,193 | 2,003,687 | 3,955,681 | 3,697,812 |
| OPERATING PROFIT | 1,458,494 | 917,765 | 2,949,130 | 2,599,392 |
| BANK CHARGES | 1,133 | 583 | 2,384 | 2,325 |
| 1,457,361 | 917,182 | 2,946,746 | 2,597,567 | |
| SHARE OF LOSS OF | ||||
| ASSOCIATED COMPANY | (12,557,350) | (2,536,475) | (12,557,350) | (2,636,475) |
| LOSS BEFORE TAXATION | (11,099,989) | (1,719,293) | (9,610,604) | (38,908) |
| TAXATION | ||||
| Current | 59,203 | 20,534 | 105,225 | 189,534 |
| Prior year | 1,448 | 235,763 | 1,448 | 235,763 |
| Deferred | 6,087 | (21 856) | 6,087 | (21,856) |
| 66,738 | 234,441 | 112,760 | 403,441 | |
| LOSS AFTER TAXATION | (11,166,727) | (1,953,734) | (9,723,364) | (442,349) |
| LOSS PER SHARE | (2.79) | (0.49) | (2.43) | (0.11) |
For more information, contact:
Mujahid Bashir
Company Secretary
Arpak International Investment Limited
King’s Arcade, 20-A,
Markaz F-7, P.O. Box 1529,
Islamabad.
Tel: (051) 2650805-7
Fax: (051) 2651285-6