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Karachi, April 25, 2013 (PPI-OT): We have to inform you that the Board of Directors of our Company in their meeting held at 11.00 am. On Thursday 25th April, 2013 has approved the accounts for the 1st quarter of 2013 and recommended the following:
(i) Cash Dividend : Nil
(ii) Bonus Issue : Nil
(iii) Right Shares : Nil
(iv) Any other entitlement : Nil
The financial results of the Company are as follows:
Rs'000s
Jan-Mar Jan-Mar
2013 2012
Sales 2,837,183 2,499,086
Cost of Sales 1,771,054 1,591,347
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Gross Profit 1,066,129 907,739
Distribution Cost 543,602 473,441
Administrative Expenses 191,915 165,800
Other Operating Expenses 26,065 21,518
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761,582 660,759
Other Operating Income 24,215 8,885
Operating Profit 328,762 255,865
Finance Cost 12,866 11,672
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Profit before taxation 315,896 244,193
Taxation 83,644 71,861
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Profit after taxation 232,252 172,332
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Earning per share-basic and diluted RS.30.72 RS.22.80
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We will be sending you 300 copies of printed quarterly accounts for distribution amongst the members of the Exchange in due course of time.
For more information, contact:
(S.M. Ismail)
Company Secretary
Bata Pakistan Limited
Batapur, Lahore, Pakistan
UAN: 92-42-111-044-055
Fax: 92-42-36581176-77
E-mail: bata@bata.com