Karachi, October 10, 2012 (PPI-OT): We have to inform you that the Board of Directors of our Company in their meeting held on Oct 08, 2012 at 10:00 a.m.at the Registered Office of the Co., 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 fol1ows:
June 30, 2012 |
June 30, 2011 |
|
(Rupees) |
(Rupees) |
|
Sales -Net |
329,253,100 |
333,246,220 |
Cost of sales |
282,736,013 |
243,654,554 |
———– |
———– |
|
Gross Profit |
46,517,087 |
89,591,666 |
Distribution cost |
3,472,193 |
3,558,159 |
Administrative expenses |
12,980,927 |
36,790,944 |
Other operating expenses |
2,140,922 |
29,280,529 |
———– |
———– |
|
Operating Profit |
27,923,045 |
19,962,034 |
Finance cost |
(1,964,487) |
(1,422,654) |
Other operating income |
– |
– |
———– |
———– |
|
Profit before taxation |
25,958,558 |
18,539,380 |
Taxation |
6,555,406 |
(3,169,307) |
———– |
———– |
|
Profit for the year |
32,513,964 |
15,370,072 |
———– |
———– |
|
Earnings per Share – Basic and diluted |
4.20 |
1.99 |
The Annual General Meeting of the Co. will be held on Wednesday, October 31, 2012 at 10:00 a.m. at the Registered Office of the Company, 29-Industrial Estate, Jamrud Road, Peshawar.
The Share Transfer Books of the Company will be closed from Oct 24, 2012 to Oct 31, 2012 (both days inclusive).
For more information, contact:
Fazle Khaliq
Company Secretary
Frontier Ceramics Limited
29-Industrial Estate, Jamrud Road
Peshawar, Pakistan,
Tel: (92-91) 5891471,
Fax: 5830290
E-mail: fortepsh@yahoo.com