AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: We have to inform you that the Board of Directors in its meeting held on Friday the Feb 24, 2012 at 5:00 p.m. recommended Nil dividend.
The financial results of the Company for the half year ended Dec31, 2011 are as follows.
|
For the half year |
For the quarter |
||||
|
July – Dec |
Oct – Dec |
||||
|
2011 |
2010 |
2011 |
2010 |
||
|
(Rupees in Thousand) |
|||||
| Sales | – | – | – | – | |
| Fixed Overheads | 16,416 | 10,368 | 8,208 | 5,238 | |
| —— | —— | —– | —– | ||
| Gross Loss | (16,416) | (10,368) | (8,208) | (5,238) | |
| Operating Expenses: | |||||
| (Administration and Selling and distribution cost) | 1,897 | 2,699 | 1,044 | 1,021 | |
| —— | —— | —– | —– | ||
| Operating Loss | (18,313) | (13,067) | (9,252) | (6,259) | |
| Financial and Other Operating Expenses | 2 | 2 | 1 | – | |
| —— | —— | —– | —– | ||
| (18,315) | (13,069) | (9,253) | (6,259) | ||
| Other Operating Income | 996 | 956 | 464 | 951 | |
| —— | —— | —– | —– | ||
| Net Loss before Taxation | (17,319) | (12,113) | (8,789) | (5,308) | |
| Taxation: | |||||
| Current | – | – | – | – | |
| Deferred | – | – | – | – | |
| —— | —— | —– | —– | ||
| – | – | – | – | ||
| —— | —— | —– | —– | ||
| Net Loss after Taxation | (17,319) | (12,113) | (8,789) | (5,308) | |
| —— | —— | —– | —– | ||
| Net (Loss) / Earning per Share | (1.06) | (0.74) | (0.54) | (0.32) | |
For more information, Contact:
Globe Textile Mills Limited
105, Ibrahim Trade Tower,
Shahrah-e-Faisal, Karachi – Pakistan
Tel: 021-4327534-35
Fax: 021-4327536