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