Dynea Pakistan Limited’s financial results for the half year and quarter ended December 31, 2011

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Karachi: We have to inform you that the Board of Directors of the Company in their Meeting held at 4:00 P.M. on Thursday, February 22, 2011, recommended the following:

Cash Dividend       NIL

Bonus Issue         NIL

Right Shares        NIL

The financial results of the Company for the half year and quarter ended December 31, 2011 are:

 

	Half year ended		Quarter ended
	December 31,	December 31,	December 31,	December 31,
	(Rupees in ‘000’)		(Rupees in ‘000’)
Turnover- net	1,010,677	770,841	563,885	466,494
Cast of sales	(855,575)	(656,250)	(472,303)	(385,823)
	———	———	———	———
Gross profit	155,102	114,501	91,582	77,671
Distribution costs	(62,992)	(57,268)	(32,345)	(34,372)
Administrative expenses	(18,632)	(13,163)	(9,379)	(7,775)
	———	———	———	———
	(81,624)	(73,421)	(41,724)	(12,147)
Other operating income	6,609	492	6,419	398
	———	———	———	———
	80,087	41,652	56,277	35,922
Financial costs	(12,404)	(8,044)	(4,912)	(4,150)
Other charges	(5,210)	(2,323)	(3,170)	(1,990)
	———	———	———	———
	(17,614)	(10,367)	(8,082)	(6,140)
	———	———	———	———
Profit before taxation	62,473	31,255	48,195	29,782
	———	———	———	———
Taxation
Current	(22,511)	(7,710)	(16,344)	(4,666)
Prior	(698)	–	–	–
Deferred	(1,390)	(6,095)	(2,494)	(6,001)
	———	———	———	———
	(24,599)	(13,805)	(18,838)	(10,667)
	———	———	———	———
Profit after taxation	37,874	17,480	29,357	19,115
	———	———	———	———
Basic and diluted earnings per share (Rs.)	2.01	0.93	1.56	1.01

 

For more information, contact:
Muhammad Shakeel Uddin
Company Secretary
Dynea Pakistan Limited
Plot Nos. A-101, 102,103,134,135 and 136,
S.I.T.E., Hub Chowki,
District Lesbella, Balochistan.
Phones: (0853) 3637106-9
Fax: (0853) 363907-303696
E-mail: Info@dynea.com.pk
Website: www.dynea.com.pk