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Frontier Ceramics Limited’s financial results for the year ended June 30, 2012

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

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