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Karachi, August 15, 2013 (PPI-OT): We have to inform you that the Board of Directors of our Company in their meeting held at 11.00 a.m. on Thursday, 15th August, 2013 has approved the accounts for the Half Year ended 30th June, 2013 and recommended the following:
(i) Cash Dividend : Nil
(ii) Bonus Issue : Nil
(iii) Right Shares : Nil
(iv) Any other entitlement : Nil
(v) Any other price-sensitive information : Nil
The financial results of the Company are as follows:
Half Year ended Quarter ended
June 30, June 30, June 30, June 30,
2013 2012 2013 2012
Rs.'000s Rs.'000s Rs.'000s Rs.'000s
Net Sales 5,842,657 5,189,060 3,005,473 2,689,974
Cost of Sales 3,577,217 3,187,309 1,806,163 1,595,964
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Gross Profit 2,265,440 2,001,751 1,199,310 1,094,010
Operating Expenses 1,546,797 1,372,845 785,770 712,086
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Operating Profit 718,643 628,906 413,540 381,924
Finance Cost 27,449 24,482 14,583 12,810
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691,194 604,424 398,957 369,114
Other Income 44,831 22,307 20,616 13,422
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Profit before Taxation 736,025 626,731 419,573 382,536
Provision for Taxation 191,965 154,027 108,321 82,166
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Profit after Taxation 544,060 472,704 311,252 300,370
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Earnings Per Share
Basic and Diluted Rs.71.97 Rs.62.53 Rs.41.17 Rs.39.73
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We will be sending you 300 copies of printed Half Yearly 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