AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, September 20, 2012 (PPI-OT): We have to inform you that the board of directors of IBL HealthCare Limited (IBLHL) in their meeting held on Thursday, September 20, 2012 at 12:00 noon at 1st Floor, NIC Building, Abbasi Shaheed Road, Karachi recommended the following:
1. Cash Dividend
A final cash dividend for the year ended June 30, 2012 @ Re. 1/- per share i.e. 10%.
2. Stock Dividend
It has been recommended by the Board of Directors to issue bonus shares in the proportion of 25 shares for every 100 shares held i.e. 25%.
The financial results of the Company for the year ended June 30, 2012 are attached.
The annual general meeting of the Company will be held on October 23, 2012 at 06:00 p.m. at the Institute of Chartered Accountants of Pakistan, Clifton, Karachi.
The share transfer books of the Company will be closed from October 17, 2012 to October 23, 2012 (both days inclusive), Transfers received at the Share Registrar Department, Central Depository Company of Pakistan Limited, CDC House, 99-B, Block ‘B’, S.M.C.H.S., Main Shahra-e-Faisal, Karachl-74400 at the close of business on October 16, 2012 will be treated in time for the purpose of above entitlement to the transferees.
Profit and Loss Account for the Year Ended June 30, 2012
|
2012 |
2011 |
||
|
Rupees |
Rupees |
||
|
Note |
(000) |
(000) |
|
| Net sale |
18 |
725,487 |
639,772 |
| Sale tax |
(2,100) |
(577) |
|
|
——- |
——- |
||
|
723,387 |
639,195 |
||
| Cost of goods sold |
19 |
(505,580) |
(466,800) |
|
——- |
——- |
||
| Gross profit |
217,807 |
172,395 |
|
| Selling and distribution expenses |
20 |
(95,436) |
(87,133) |
| Administrative expenses |
21 |
(16,605) |
(16,243) |
| Amortization of intengible assets |
5 |
(8,700) |
(8,700) |
|
——- |
——- |
||
|
(120,742) |
(112,076) |
||
| Other income |
22 |
4,443 |
372 |
| Finance cost |
23 |
(11,991) |
(5,509) |
| Other charges – workers welfare fund |
(1,792) |
(1,104) |
|
|
——- |
——- |
||
| Profit before taxation |
87,726 |
54,078 |
|
| Taxation |
24 |
(9,366) |
(8,562) |
|
——- |
——- |
||
| Profit after taxation |
78,360 |
45,516 |
|
| Other comprehensive income |
– |
– |
|
|
——- |
——- |
||
| Total comprehensive income |
78,360 |
45,516 |
|
|
——- |
——- |
||
| Earnings per share |
25 |
3.92 |
2.28 |
The annexed notes form an integral part of these financial statements.
For more information, contact:
Mobeen Alam
Company Secretary
IBL HealthCare Limited
9th Flour, N.I.C, Building
Abbasi Shaheed Road, Karachi – 75530
Tel: 35675111-7
Fax: 35683841, 35682772
E-mail: info@iblhc.com