Karachi, February 22, 2013 (PPI-OT): We have to inform you that the Board of Director in its meeting held on Thursday the Feb 21, 2013 at 3:00 pm recommended NIL dividends.
The financial result of the Company for the half year ended Dec 31, 2012 is as follow.
For the half year |
For the Quarter |
|||
July – Dec |
Oct – Dec |
|||
2012 |
2011 |
2012 |
2011 |
|
(Rupees in Thousands) |
||||
Sales |
– |
– |
– |
– |
Fixed Overheads |
13,241 |
16,416 |
6,674 |
8,208 |
Gross Loss |
(13,241) |
(16,416) |
(6,674) |
(8,208) |
—— |
—— |
—– |
—– |
|
Operating Expenses: | ||||
(Administration and Selling and distribution cost) |
2,725 |
1,897 |
1,432 |
1,044 |
—— |
—— |
—– |
—– |
|
Operating Loss |
(15,966) |
(18,313) |
(8,106) |
(9,252) |
Financial and Other Operating Expenses |
– |
2 |
– |
1 |
—— |
—— |
—– |
—– |
|
(15,966) |
(18,315) |
(8,106) |
(9,253) |
|
Other Operating Income |
522 |
996 |
165 |
464 |
—— |
—— |
—– |
—– |
|
Net Loss before Taxation |
(15,444) |
(17,319) |
(7,941) |
(8,739) |
Taxation: | ||||
Current |
– |
– |
– |
– |
Deferred |
– |
– |
– |
– |
—— |
—— |
—– |
—– |
|
– |
– |
– |
– |
|
—— |
—— |
—– |
—– |
|
Net Loss after Taxation |
(15,444) |
(17,319) |
(7,941) |
(8,789) |
—— |
—— |
—– |
—– |
|
Net (Loss) Per Share |
(0.94) |
(1.06) |
(0.49) |
(0.54) |
For more information, contact:
Arshad Arif
(Director)
Globe Textile Mills Limited
105, Ibrahim Trade Tower,
Shahrah-e-Faisal, Karachi – Pakistan
Tel: 34327534, 34327535
Fax: 34327536
E-mail: info@globeoe.com