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Karachi: We have to inform you that the Board of Directors of our Company in their meeting held on Oct, 31 2011 at 09:00 am, at the Registered Office of the Company, 29 Industrial Estate, Jamrud Road – Peshawar recommended the following:
Cash Dividend/ Bonus Shares/Right Shares /Other Entitlement/
Any other price-sensitive Information: Nil
The Financial Results of the Company are as follows:
|
Sep 30, 2011 |
Sep 30, 2010 |
|
|
(Rs), |
(Rs), |
|
| Gross Sales | 102,717,452 | 73,930,035 |
| Less Duties and Taxes | (7,608,700) | (5,791,754) |
| ———– | ———- | |
| Sales – Net | 95,108,752 | 63,138,281 |
| Cost of Sales | (69,616,005) | (42,037,448) |
| ———– | ———- | |
| Gross Profit/ (Loss) | 25,492,746 | 26,100,833 |
| Distribution Cost | (1,043,113) | (1,471,949) |
| Administrative Expenses | (3,486,667) | (2,854,532) |
| Other Operating Expenses | (44,500) | (90,450) |
| ———– | ———- | |
| Operating Profit/ (Loss) | 20,918,467 | 21,683,901 |
| Financial Cost | (178,509) | (24,409) |
| Other Operating income | – | 354,240 |
| ———– | ———- | |
| Profit/ (Loss) before Taxation | 20,739,958 | 22,013,732 |
| Taxation: | ||
| Current | (951,088) | – |
| Deferred | (100,048) | – |
| ———– | ———- | |
| Profit/ (Loss) after Taxation | 19,688,823 | 22,013,732 |
| ———– | ———- | |
| Earnings per Share | 2.54 | 2.84 |
For more information, contact:
Fazale Khaliq
Company Secretary
Frontier Ceramics Limited
29-Industrial Estate, Jamrud Road
Peshawar, Pakistan,
Tel: (92-91) 5891471,
Fax: 5830290
E-mail: fortepsh@yahoo.com