Gatron (Industries) Limited’s financial results for the year ended June 30, 2012

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Karachi, September 10, 2012 (PPI-OT): We have to inform you that the Board of Directors of our company in its meeting held on September 08, 2012 at 11:30 a.m. at Karachi, recommended the following:

Cash Dividend

A final Cash Dividend for the year ended June 30, 2012 at Rs 4.50 per share i.e. 45%. This is in addition to the interim dividend already paid at Rs. 5.00 per share i.e. 50%.

The financial results of the Gatron (Industries) Limited (GATI), comprising Profit & Loss Account as approved by the Board of Directors of the Company are appended as Annexure to this Letter.

The date, time, venue and book closure period will be notified to the Exchange after obtaining approval from the Securities & Exchange Commission of Pakistan under sub-section 2 of section 158 of the Companies Ordinance, 1984 for holding of Annual General Meeting of the Company at a place other than the town in which the registered office of the company is situated.

Lahore Stock Exchange (Guarantee) Ltd

Islamabad Stock Exchange (Guarantee) Ltd

Annexure

(Pak Rupees in Thousand)

	2012	2011
	Restated
Sales	11,199,270	10,780,531
Cost of sales	10,081,790	9,908,833
	———-	———-
Gross Profit	1,117,480	871,698
	———-	———-
Distribution and selling expenses	209,737	174,406
Administrative expenses	148,671	124,641
Other operating expenses	118,862	37,500
	———-	———-
	477,270	336,547
	———-	———-
640,210           535,151
Other operating income	4,280	17,997
	———-	———-
Operating Profit	644,490	553,148
Finance cost	23,083	66,508
	———-	———-
	621,407	486,640
Investment income-Dividend	240,800	301,000
	———-	———-
Profit before income tax	862,207	787,640
Income Tax	209,914	164,196
	———-	———-
Profit after income tax	652,293	626,444
	———-	———-
Earnings per share-Basic and diluted (Rupees)	17.00	16.33

For more information, contact:
Gatron (Industries) Limited
Room No. 32, 1st Floor, Ahmed Complex,
Jinnah Road, Quetta, Balochistan, Pakistan
Tel: (92-81) 2849396,
UAN: (92-21) 111-71-71-71
Fax: 081-2825304
E-mail: headoffice@gatron-novatox.com
Website: www.gatronova.com