Gadoon Textile Mills Limited’s financial results for the first quarter ended September 30, 2012 - AsiaNet-Pakistan

Gadoon Textile Mills Limited’s financial results for the first quarter ended September 30, 2012

[ 0 ] October 24, 2012 | Financial Results | Share:

Karachi, October 24, 2012 (PPI-OT): We have to inform you that the Board of Directors of our Company in their meeting held on October 24, 2012 recommended the following:

(i) Cash Dividend               Nil

(ii) Bonus Shares               Nil

(iii) Right Shares              Nil

(iv) Any Other Entitlement      Nil

The financial results of the Company are annexed.

Profit and Loss Account (Un-Audited) for the First Quarter Ended September 30, 2012

For the Quarter

For the Quarter

Ended

Ended

30-09-2012

30-09-2011

Rupees in ‘000′

Sales-net

4,262,902

3,166,438

Cost of sales

3,933,371

3,104,084

———

———

Gross profit

329,531

62,354

Other operating income

8,396

28,157

———

———

337,927

90,511

Selling and distribution cost

73,531

57,497

Administrative expenses

25,449

22,217

Other operating expenses

31,134

48,892

———

———

130,114

128,606

———

———

Profit/ (Loss) from operation

207,813

(38,095)

Finance cost

47,666

84,424

———

———

Profit/ (Loss) before taxation

160,147

(122,519)

Taxation
Current

30,121

Deferred

(918)

———

———

30,121

(918)

———

———

Net Profit/ (Loss) after tax

130,026

(121,601)

Earnings/ (Loss) per share-before tax (Rupees)

6.83

(5.23)

-after tax (Rupees)

5.55

(5.19)

For more information, contact:
Gadoon Textile Mills Limited
6-A Muhammad Ali Housing Society,
Abdul Aziz Haji Hashim Tabba Street,
Karachi- 75350, Pakistan
Tel: (92-21) 34397701-03
Fax: (92-21) 34382436
E-mail: secretary@gadoontextile.com
Web: www.gadoontextile.com

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Category: Financial Results

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