Descon Oxychem Limited’s financial results for the year ended June 30, 2011

Karachi: We have to inform you that the Board of Directors of our Company in their meeting held on Tuesday, September 06, 2011 at 10:30 am, at Descon Hedquarters, 18-KM Ferozepur Road, Lahore have recommended the following financial results of the Company.

 

June 30, 2011 June 30, 2010

(Rupees in Thousand)

Sales 1,432,576 709,672
Cost of goods sold  (892,139) (683,402)
 ———  ———
Gross profit 540,437 26,270
Administrative expenses  (39,970) (38,663)
Distribution and selling cost (68,571) (42,583)
Other Operating expenses  (6,265)  (101)
Other Operating income 10,796 7,039
 ———   ———
(104,010)  (74,308)
Profit / (Loss) from operations  436,427 (48,038)
Finance cost  (351,895)  (288,065)
 ———  ———
Profit / (Loss) for the taxation 84,532 (336,103)
Taxation 95,438 46,693
  ———  ———
Profit / (Loss) for the year 179,970  (289,410)
 ———  ———
Profit / (loss) per share-basic and diluted  1.76 (2.84)

 

For More Information Contact:
Descon Oxychem Limited
Descon Headquarters, 18-Km,
Ferozepur Road, P.O. Box 1201,
Lahore – 54760,
Pakistan.
UAN: 111 DESCON (337266)
Tel: +92 (42) 3592 3721
Fax: +92 (42) 3592 3749
Email: info@descon.com
Web: www.descon.com

Check Also

Byco Petroleum posts operating profit of Rs 2.13 billion

Karachi, April 28, 2016 (PPI-OT):Byco Petroleum Pakistan Limited announced financial results for nine months ending 31st March 2016 of its financial year 2015-16. The Company posted Net Sales of Rs. 54 Billion that resulted in an Operating Profit of Rs. 2.13 Billion. Byco Petroleum Pakistan Limited managed to recover with the return of relative stability ...

Leave a Reply

Your email address will not be published. Required fields are marked *