Karachi: We have to inform you that the Board of Directors of our Company in their meeting held at 11:00 a.m. on Monday, April 30, 2012 has recommended no cash dividend, bonus or right issue of the shares for the 3rd quarter ended March 31, 2012. The financial results of the Company during this period are as follows:
Nine Month Ended |
Quarter Ended |
|||
Un-audited |
Un-audited |
Un-audited |
Un-audited |
|
Quarter |
Period |
Quarter |
Period |
|
Ended |
Ended |
Ended |
Ended |
|
31-Mar-12 |
31-Mar-11 |
31-Mar-12 |
31-Mar-11 |
|
(Rupees) |
(Rupees) |
(Rupees) |
(Rupees) |
|
(`000) |
(`000) |
(`000) |
(`000) |
|
Sales | 1,524,424 | 1,784,958 | 565,759 | 726,001 |
Cost Of Sales | (1,429,708) | (1,613,235) | (490,731) | (660,869) |
——— |
——— |
——- |
——- |
|
Gross Profit |
94,716 |
171,723 |
75,028 |
75,132 |
Operating expenses: | ||||
Distribution cost |
(14,753) |
(12,917) |
(7,571) |
(4,739) |
Administrative Expenses |
(28,228) |
(25,205) |
(10,209) |
(9,900) |
(42,981) |
(38,122) |
(17,780) |
(4,639) |
|
Operating Profit |
51,735 |
133,601 |
57,248 |
60,493 |
——— |
——— |
——- |
——- |
|
Finance Cost |
(30,412) |
(44,698) |
(9,074) |
(17,912) |
Other Operating Expenses |
– |
(815) |
– |
(529) |
Other Operating Income |
1,210 |
3,097 |
82 |
630 |
——— |
——— |
——- |
——- |
|
Profit/(Loss) Before Taxation |
22,533 |
91,185 |
48,256 |
42,682 |
Provision for Taxation |
(15,305) |
(16,890) |
(5,708) |
(6,963) |
——— |
——— |
——- |
——- |
|
Profit/(Loss) After Taxation |
7,228 |
74,295 |
42,548 |
35,719 |
——— |
——— |
——- |
——- |
|
Earning/(Loss) Per Share- Basic |
0.18 |
1.86 |
1.06 |
0.89 |
For more information, Contact:
Muhammad Jahangir Khan
Company Secretary
Chakwal Spinning Mills Limited
7/1- E-3, Main Boulevard,
Gulberg III, Lahore, Pakistan
Tel: +92 42 5757108 & 5717510-17
Fax: +92 42 5764036, 5764043 & 5757105
E-mail: ksml@pol.com.pk