AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, October 24, 2012 (PPI-OT): We have to inform you that the Board of Directors of our Company in their meeting held on October 24, 2012 recommended the following:
(i) Cash Dividend Nil
(ii) Bonus Shares Nil
(iii) Right Shares Nil
(iv) Any Other Entitlement Nil
The financial results of the Company are annexed.
Profit and Loss Account (Un-Audited) for the First Quarter Ended September 30, 2012
|
For the Quarter |
For the Quarter |
|
|
Ended |
Ended |
|
|
30-09-2012 |
30-09-2011 |
|
|
Rupees in ‘000′ |
||
| Sales-net |
4,262,902 |
3,166,438 |
| Cost of sales |
3,933,371 |
3,104,084 |
|
——— |
——— |
|
| Gross profit |
329,531 |
62,354 |
| Other operating income |
8,396 |
28,157 |
|
——— |
——— |
|
|
337,927 |
90,511 |
|
| Selling and distribution cost |
73,531 |
57,497 |
| Administrative expenses |
25,449 |
22,217 |
| Other operating expenses |
31,134 |
48,892 |
|
——— |
——— |
|
|
130,114 |
128,606 |
|
|
——— |
——— |
|
| Profit/ (Loss) from operation |
207,813 |
(38,095) |
| Finance cost |
47,666 |
84,424 |
|
——— |
——— |
|
| Profit/ (Loss) before taxation |
160,147 |
(122,519) |
| Taxation | ||
| Current |
30,121 |
– |
| Deferred |
– |
(918) |
|
——— |
——— |
|
|
30,121 |
(918) |
|
|
——— |
——— |
|
| Net Profit/ (Loss) after tax |
130,026 |
(121,601) |
| Earnings/ (Loss) per share-before tax (Rupees) |
6.83 |
(5.23) |
| -after tax (Rupees) |
5.55 |
(5.19) |
For more information, contact:
Gadoon Textile Mills Limited
6-A Muhammad Ali Housing Society,
Abdul Aziz Haji Hashim Tabba Street,
Karachi- 75350, Pakistan
Tel: (92-21) 34397701-03
Fax: (92-21) 34382436
E-mail: secretary@gadoontextile.com
Web: www.gadoontextile.com