AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: We have to inform you that the Board of Directors of our Company in their meeting held at 5:30 p.m. on Saturday, 28 April 2012,have approved the following: –
i. Cash Dividend Nil
ii. Bonus Shares Nil
iii. Right Shares Nil
iv. The financial results of the Company for the nine months period ended March 31, 2012 are as under:
|
Nine months period ended |
Quarter ended |
|||
|
31 March |
31 March |
31 March |
31 March |
|
|
2012 |
2011 |
2012 |
2011 |
|
|
(Rupees in ‘000) |
||||
| sales – net |
79,689 |
60,661 |
26,050 |
24,572 |
| Cost of Sales |
(64,620) |
(51,090) |
(21,555) |
(18,999) |
|
——- |
—— |
—— |
—— |
|
| Goss Profit |
18,019 |
9,571 |
4,495 |
5,573 |
| Distribution and selling Expenses |
(7,982) |
(7,263) |
(2,534) |
(1,987) |
| Administrative Expenses |
(4,780) |
(4,529) |
(1,358) |
(1,364) |
|
——- |
—— |
—— |
—— |
|
|
(12,762) |
(11,892) |
(3,892) |
(3,351) |
|
|
——- |
—— |
—— |
—— |
|
| Operating profit/ (loss) |
2,257 |
(2,321) |
603 |
2,222 |
| Other income |
476 |
850 |
120 |
355 |
|
——- |
—— |
—— |
—— |
|
|
2,733 |
(1,471) |
723 |
2,577 |
|
| Financial Charges |
(421) |
(1,610) |
(172) |
(318) |
| Workers’ Profit Participation Fund |
(116) |
– |
(28) |
– |
| Workers’ Welfare Fund |
(43) |
– |
(10) |
– |
|
——- |
—— |
—— |
—— |
|
|
(580) |
(1,610) |
(210) |
(318) |
|
|
——- |
—— |
—— |
—— |
|
| Profit/ (Loss) before taxation |
2,155 |
(3,081) |
513 |
2,259 |
| Taxation – Current |
(796) |
(607) |
(260) |
(239) |
|
——- |
—— |
—— |
—— |
|
| Net Profit/ (Loss) |
1,357 |
(3,688) |
253 |
2,020 |
|
——- |
—— |
—— |
—— |
|
| Earning / (Loss) per share – basic and diluted |
0.94 |
(2.56) |
0.18 |
1.40 |
For more information, Contact:
Shayan Mufti
Company Secretary
Buxly Paints Limited
X/3, S.I.T.E, Manghopir Road,
Karachi- 75700 Pakistan.
Tel: (92-21) 32577702,
Fax: (92-21) 322580468