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J.A. Textile Mills Limited’s financial results for the 2nd quarter/half yearly accounts period ended 31, 12, 2011

Karachi: We have to inform you that the Board of Directors of our company in their meeting held on 24th, February 2012 at 9:00 A.M. approved the following financial results:

 

Half Year Half year Quarter Quarter
31-Dec-11 31-Dec-10 31-Dec-11 31-Dec-10
Rupees Rupees Rupees Rupees
Sales-net 140,533,834 423,680,843 129,990,884 218,016,784
Cost of sales 146,306,997 411,247,530 128,025,736 210,931,914
Gross(loss)/profit (5,773,113) 12,433,313 1,965,148 7,084,870
Operating expenses
Distribution cost 51,931 2,207,458 44,149 1,179,063
Administrative expenses 5,104,083 5,364,214 2,498,411 2,322,670
Other expenses 539,810 539,810
Finance cost 14,130 295,560 7,306 176,273
Other income 1,308,800 204,444 175,625 6,533
(Loss)/profit before taxation (9,634,457) 4,230,715 (409,093) 2,873,587
Taxation
Current 1,453,500 4,202,339 1,299,909 2,177,888
Deferred (1,910,304) 1,725,566 2,428,743 342,545
Net (loss)/ profit after taxation (9,177,653) (1,697,190) (4,137,745) 353,154
(Loss)/Earning per share – Basic (0.73) (0.13) (0.33) 0.03

 

You are requested to circulate the above information amongst members of your Exchange accordingly.

For more information, Contact:
J.A. Textile Mills Limited
Mills: 29 K. M., Faisalabad,
Sheikhupura Road,
Tel: 041-4360794-7
Fax: 041-4360798

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