AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: We have to inform you that the Board of Directors of the Company in its Meeting held on 30 April 2012 had approved the un audited quarterly accounts for the period ended 31 March 2012.
The financial results of the Company are as follows:
|
Quarter ended January to |
Period Ended July to |
|||
|
March (Rupees) |
March (Rupees) |
|||
|
2012 |
2011 |
2012 |
2011 |
|
| Sales |
1,557,981,145 |
2,773,698,493 |
5,521,536,088 |
7,345,310,328 |
| Cost of Sales |
1,602,429,653 |
2,341,219,566 |
4,971,385,230 |
6,106,668,762 |
| Gross Profit |
(44,448,508) |
432,478,927 |
550,150,857 |
1,238,641,566 |
| Operating Expense |
67,886,735 |
109,893,448 |
199,202,836 |
279,816,812 |
| Other (Income) / Loss-Net |
(7,596,874) |
(49,298,619) |
(8,745,974) |
(279,376,893) |
| Financial and other Charges |
234,982,520 |
239,291,248 |
700,579,113 |
687,724,417 |
| Profit I (Loss) before Tax |
(339,720,888) |
132,592,850 |
(340,885,118) |
550,477,230 |
| Provision for Taxation- |
21.638,018 |
14,562,194 |
72,314,679 |
101,346,056 |
| Current -Deferred | ||||
| Profit/(Loss) after Taxation |
(361,358,906) |
118,030,657 |
(413,199,797) |
449,131,173 |
| Earning Per Share |
(19.04) |
0.22 |
(21.77) |
23.66 |
For more information, Contact:
Zameer Q.Siddqui
Company Secretary
Gulistan Textile Mills Limited
2nd Floor, Finlay House,
I.I. Chundrigar Road,
Karachi, (Pakistan)
Phones: (92-21) 32419943,
Fax: (92-21) 32411559
E-mail: khi@gulistangroup.com.pk