Frontier Ceramics Limited’s financial results for the period ended Dec 31, 2011

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Karachi: We have to inform you that the Board of Directors of the Coin their meeting held on February 29, 2012 at 09:30 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:

 

	Half Year Ended		Quarter Ended
	31-12-2011	31-12-2010	31-12-2011	31-12-2010
	Rupees
Sales – Net	169,717,104	155,563,517	74,609,352	87,425,236
Cost of Sales	136,011,286	89,779,599	66,395,280	47,742,151
	———–	———–	———-	———-
Gross profit	33,705,818	65,783,918	8,214,072	39,683,085
Distribution cost	1,941,935	3,075,698	898,822	1,603,749
Administrative expenses	6,444,674	59,866,060	2,958,008	57,070,524
Operating Expenses	2,078,279	822,309	2,033,779	742,159
Finance Cost	690,469	919,244	511,960	825,539
Other Operating Income	–	685,440	–	331,200
	———–	———–	———-	———-
Profit/ (Loss) before Taxation	22,550,462	1,786,047	1,811,504	(20,227,686)
Taxation – Current	1,697,171	1,602,930	746,094	1,602,930
Deferred	(3,572,470)	921,450	(3,672,518)	921,450
	———–	———–	———-	———-
Profit/ (Loss) after Taxation	24,425,761	(737,333)	4,737,928	(22,752,066)
	———–	———–	———-	———-
Earnings/ (Loss) per Share – Basic and Diluted	3.16	(0.10)	0.61	(2.94)

 

For more information, contact:
Frontier Ceramics Limited
29-Industrial Estate, Jamrud Road
Peshawar, Pakistan,
Tel: (92-91) 5891471,
Fax: 5830290
E-mail: fortepsh@yahoo.com