AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: We have to inform you that the Board of Directors of our company in their meeting held at 5.00 Hrs February 29, 2012 has proposed to approve me Half year Account (un audited) for the period ended December 31, 2011.
|
Half year ended |
Quarter ended |
||||
| Notes |
July – Dec |
July – Dec |
Oct – Dec |
Oct – Dec |
|
|
2011 |
2010 |
2011 |
2010 |
||
|
Rupees |
Rupees |
||||
| Sales | 228,395,002 | 309,279,976 | 79,633,983 | 200,266,246 | |
| Cost of sales | (284,471,515) | (268,666,131) | (82,980,086) | (171,768,418) | |
| ———– | ———– | ———- | ———– | ||
| Gross (loss) /profit | (56,076,513) | 40,613,845 | (3,346,103) | 28,497,828 | |
| Administrative expenses | (2,174,133) | (1,569,742) | (1,428,701) | (816,746) | |
| Distribution cost | (2,744,420) | (3,104,276) | (1,907,691) | (1,695,129) | |
| ———– | ———– | ———- | ———– | ||
| (4,918,533) | (4,674,018) | (3,366,392) | (2,511,875) | ||
| ———– | ———– | ———- | ———– | ||
| Operating (loss) / profit | (60,995,066) | 35,939,827 | (6,682,495) | 25,985,952 | |
| Financial charges | (5,661,147) | (8,280,952) | (3,965,520) | (7,033,142) | |
| Workers’ welfare fund | – | (553,178) | – | (379,057) | |
| Workers’ profit participation fund | – | (1,382,944) | – | (947,641) | |
| ———– | ———– | ———- | ———– | ||
| (5,661,147) | (10,217,074) | (3,965,520) | (8,359,840) | ||
| ———– | ———– | ———- | ———– | ||
| Profit/ (Loss) before taxation | (66,656,213) | 25,722,753 | (10,648,015) | 17,626,112 | |
| Taxation | |||||
| Current | (2,283,950) | (3,092,800) | (1,193,813) | (2,002,663) | |
| Deferred | 9,407,134 | (7,453,000) | 10,907,134 | (5,953,000) | |
| ———– | ———– | ———- | ———– | ||
| 7,123,184 | (10,545,800) | 9,713,321 | (7,955,663) | ||
| ———– | ———– | ———- | ———– | ||
| Profit/ (Loss) after taxation | (59,533,029) | 15,176,953 | (934,694) | 9,670,449 | |
| ———– | ———– | ———- | ———– | ||
| Earning/ (Loss) per share | (14.01) | 3.57 | (0.22) | 2.28 | |
The annexed notes form an integral part of the interim condensed financial information.
We will sending you 300 copies of printed account for distribution amongst the members of the exchange in jue due course of times.
For more information, Contact:
Ishtiaq Textile Mills Limited
Dewan House 155, Napier Road,
Karachi – 74000, Pakistan
Ph: 32412332, 32430151, 32426901
Fax: (92-21) 32767038, 32434418
E-mail: dewanshp@cyber.net.pk
Web: www.dewanishtiaq.com