Karachi, August 09, 2012 (PPI-OT): We have to inform you that the Board of Directors of: our Company in their meeting held on Thursday, August 9, 2012 at 9:00 a.m. at Karachi, recommended the following;
Cash Dividend
A Final Cash Dividend, for the year ended June 30, 2012 at Rs. 241- per share i.e. 240%. This is in addition to Interim Dividend already paid at Rs. 8/- per share i.e. 80%.
The Financial results of the Company are as follows:-
Profit and Loss Account
For the Year ended June 30, 2012
2012 |
2011 |
|
Rupees in 000 |
||
Net Sales |
76,962,642 |
61,702,677 |
Cost of Sales |
70,400,788 |
57,613,542 |
Gross Profit |
6,661,854 |
4,089,136 |
Distribution Expenses |
820,339 |
690,130 |
Administrative expenses |
627,673 |
462,517 |
1,448,012 |
1,152,647 |
|
5,113,842 |
2,936,488 |
|
Other Operating expenses |
515,342 |
355,796 |
4,597,500 |
2,580,692 |
|
Other operating income |
1,773,572 |
1,507,878 |
6,371,072 |
4,088,570 |
|
Finance Costs |
50,805 |
77,115 |
Profit before taxation |
6,312,267 |
4,011,455 |
Taxation |
2,009,552 |
1,268,071 |
Profit after taxation |
4,302,715 |
2,743,384 |
Rupees |
||
Earnings per share |
54.74 |
34.90 |
The Annual General Meeting (AGM) of the Company will be held on Friday, September 28, 2012 at 12:00 pm at Pearl Continental Hotel, Karachi.
The above entitlement will be paid to the shareholders whose names will appear in the Register of the members on September 20, 2011.
The Share Transfer Books of the Company will be closed from September 21, 2012 to September 28, 2012 (both days inclusive) Transfers received at the Company’s Share Registrar at “M/S. Noble Computer Services (Private) Limited, First Floor, House o. Habib Building (Siddiqsons Tower), 3-Jinnah Cooperative Housing Society,. Main Shahrah-e-Faisal, Karachi-75350 (Tel: 3432548247)” at the close of business on September 20, 2012, will be treated in time for the purpose of above entitlement to the transferees.
For more information, contact:
Muhammad Faisal
Company Secretary
Indus Motor Company Limited
Plot No. N.W.Z/1/P-1,
Port Qasim Authority, Karachi
Ph: (021) 34720041-48
Fax: (021) 34720036, 34720038, 34720039,
Web: www.toyota-indus.com