Haydari Construction Company Limited’s annual financial results for the year ended June 30, 2012 : AsiaNet-Pakistan

Haydari Construction Company Limited’s annual financial results for the year ended June 30, 2012

[ 0 ] September 10, 2012 | Financial Results | Share:

Karachi, September 10, 2012 (PPI-OT): We are pleased in inform you that the Board of Directors of M/s Haydari Construction Company Limited (HADC) their meeting held on September 08, 2012 considered and approved for publication the Company’s Audited Annual Financial Statements for the year ended June 30, 2012.

Financial Results

2012

2011

Rupees

Other Income
Dividend Income

1,236

1,460

Sale of Scarp

274,612

550,000

Reversal of Provision

11,260

——–

——–

275,848

562,720

Administrative and General Expenses
Rent, Rates and Taxes

11,895

11,895

Fees and Subscription

211,741

134,910

Office Expenses

53,825

50,413

Professional Tax

60,000

10,000

Members Meeting Expenses

17,984

51,225

Auditor’s remuneration

80,000

80,000

Deprecation

42,414

46,862

Bank Charges

1,150

519

Bank Balance written off

3,700

Bad Debt

5,354,933

——–

——–

5,833,942

389,524

——–

——–

(loss) / Profit before taxation

(5,558,094)

173,196

Taxation

(9,736)

(22,289)

——–

——–

Net (Loss)/ Income for the year

(5,567,830)

150,907

Other Comprehensive (Loss)/ Income
(Loss)/ Gain on remuneration of Investment

(36,532)

24,339

——–

——–

Total Comprehensive (Loss)/ Income for the year

(5,604,362)

175,246

——–

——–

Earning per share basic and diluted

(0.88)

0.02

Moreover we also inform you that the 65th Annual General Meeting of the shareholders of the Company will be held on Wednesday October 24, 2012 at 09:00 a.m. at Mezzanine Floor, UBL Building, I.I. Chundrigar Road, Karachi, Members whose names appear in the Register of Members on October 24, 2012 will be entitled to attend the meeting.

The Shares Transfer Book of the Company will remain closed from October 18, 2012 to October 24, 2012 (both days inclusive).

A member of the Company entitled to attend and vote may appoint another member as his/ her proxy attend and vote instead of him/ her. Proxies must be received at the Registered Office of the Company not later than 28 hours before the time of holding the meeting.

In case of any change in the address, the shareholders are requested to communicate to the Company’s Share Registrar: Secretarial Services (Pvt) Limited, 2nd Floor, UBL Building, I.I. Chundrigar Road, Karachi.

For more information, contact:
Sohail Ahmed Qureshi
Company Secretary
Haydari Construction Company Limited
Mezzanine Floor, UBL Building,
I. I. Chundrigar Road,
Karachi-74000 Pakistan
Tel: +92-21-2411887
Fax: +92-21-2414581

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Category: Financial Results

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