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Karachi, July 31, 2013 (PPI-OT): We have to inform you that the Board of Directors of our company in their meeting held on 30th July, 2013 at 15:00 pm at the Registered Office of the Company at A/44, Hill Street, off: Manghopir Road, S.I.T.E. Karachi, recommended the following:
i) Cash Dividend
Nil
ii) Bonus Shares
Nil
iii) Right Shares
Nil
1st Quarter ended 1st Quarter ended
June 30, 2013 June 30, 2012
Rs ‘000 Rs ‘000
Sales 2,630,923 3,192,682
Cost of Sales 2,324,527 2,689,868
Gross Profit 305,396 502,814
Operating expenses 130,673 171,155
Operating Profit 175,723 331,659
Finance Cost 7,385 18,568
Other Charges 15,941 36,391
Other Income 183 5,229
Profit before tax 152,580 281,929
Taxation-Current 50,351 97,231
- Deferred - -
Profit after tax 101,229 184,698
Un-appropriated Profit brought forward 532,068 366,027
Transferred to revenue reserve for the year ended
March 31, 2013/2012 (445,000) (288,000)
Final Dividend for the year ended March
31, 2013 (60%)2012(60%) (42,374) (42,374)
Transferred to reserve for Issuance of bonus shares
for the year ended March 31, 2013/2012 (7,062) -
Un-appropriated Profit carried forward 139,861 220,351
Rupees
Earnings per share 14.48 26.15
We will be sending you 300 copies of printed accounts for distribution amongst the members of the Exchange.
For more information, contact:
S. Haider Mehdi
Company Secretary
EXIDE Pakistan Limited
A-44, A-45, Hill Street,
Off: Manghopir Road, S.I.T.E.,
Karachi-75700 (Pakistan).
Tel: 32593371-85, 32593181-85, 32578061-64
Fax: 32561679, 32573575
E-mail: exidepk@exide.com.pk