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Ghandhara Industries Limited’s financial results for the 3rd quarter ended 31st March 2012

Karachi: We have to inform you that the Board of Directors of our company in their meeting held on 24th April, 2012 at 3:00 p.m. at Karachi, have not recommended any cash dividend, bonus shares, right shares, or any other entitlement/corporate action.

The financial results of the Company are as follows:

Quarter ended

Nine Months ended

March 31,

March 31,

2012

2011

2012

2011

Rupees ‘000

Rupees ‘000

Net Sales

528,042

401,776

1,134,516

1,106,691

Cost of Sales

(462,870)

(359,924)

(1,025,715)

(968,163)

——–

——-

———

——–

Gross profit

65,172

41,852

108,801

138,528

Distribution expenses

(12,825)

(14,971)

(40,605)

(42,096)

Administrative expenses

(18,795)

(12,562)

(45,045)

(40,795)

Other Operating Charges

256

(716)

(1, 467)

(1,549)

——–

——-

———

——–

Other operating Income

39

700

240

1,896

——–

——-

———

——–

Profit/(Loss) from operations

33,848

14,703

21,926

55,984

Finance cost

(47,230)

(12,955)

(105,937)

(45,171)

(Loss)/Profit before taxation

(13,382)

2,748

(84,011)

10,813

Taxation

6,209

(470)

30,106

2,596

——–

——-

———

——–

(Loss)/Profit after taxation

(7,173)

1,279

(53,905)

13,410

——–

——-

———

——–

(Loss)/ Earnings per shares – basic and diluted (Rupees)

(0.34)

0.06

(2.53)

0.63

For more information, Contact:
Iftikhar Ahmed Khan
Company Secretary
Ghandhara Industries Limited
F-3, Hub Chauki Road, S.I.T.E.
Post Box No. 2706
Karachi-75730, Pakistan
Phone: 32560083-86
Fax: 92-21-32564458
Website: www.gil.com.pk

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