Exide Pakistan Limited’s financial results for the year ended 31st March, 2012

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Karachi, June 25, 2012 (PPI-OT): We have to inform you that the Board of Directors of our company in their meeting held on 22nd June, 2012 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

A Final Cash dividend for the year ended March 31, 2012 at Rs. 6.00 per share i.e. 50%.

ii) Bonus Shares Nil

iii) Right Shares Nil

i) It has been recommended by the Board of Directors to transfer to the General Reserves an amount of Rs. 288,000,000.

The Financial results of the Company are as follows:

	Rs. 000	Rs. 000	Rs. 000
	2012	2011	Total
	Battery	Chemical	Battery	Chemical Division	2012	2011
	Division	Division	Division
Sales	9,124,169	341,555	7,340,259	371,193	9,465,724	7,711,452
	———	——-	———	——-	———	———
Cost of sales	7,909,575	281,905	6,352,068	291,562	8,191,480	6,643,630
	———	——-	———	——-	———	———
Gross Profit	1,214,594	59,650	988,191	79,631	1,274,244	1,067,822
	———	——-	———	——-	———	———
Operating expenses					535,882	462,313
					———	———
Operating Profit					738,362	605,509
					———	———
Finance Cost					157,099	128,489
					———	———
Other Income					15,733	4,594
					———	———
Profit before tax					500,926	429,726
					———	———
Taxation – Current					171,166	154,226
					———	———
– Deferred					9,615	(890)
					———	———
Profit after tax					320,145	276,390
					———	———
Un-appropriated Profit
brought forward					316,916	248,927
					———	———
Transferred to revenue
reserve the year ended
Mar 31, 2012/2011					233,000	180,000
					———	———
Final Dividend for the year
Ended March
31, 2012 (60%) 2011 (60%)					33,899	33,899
					———	———
Transferred to reserve for
Issue of bonus shares					14,125	–
					———	———
Transfer from surplus on
revaluation of fixed assets					9,990	5,498
					———	———
Un-appropriated Profit
carried forward					366,027	316,916
					———	———
					Rupees
Earnings per share					45.33	39.14 Restated)

The Annual General Meeting of the Company will be held on Wednesday July 25, 2012 at 10:30 hours at Registered Office of the Company at A-44, Hill Street Manghopir Road, S.I.T.E., Karachi.

The Share Transfer Books of the Company will be closed from July 18th 2012 to July 25, 2012 (both days inclusive). Transfers received at the office of our Registrar M/s. THK Associates (Pvt) Ltd. Ground Floor State Life Building No. 3, Dr. Ziauddin Ahmed Road, Karachi at the close of business on 18th July, 2012 will be treated in time for the purpose of above entitlement of divided to the transferees.

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