Janana De Malucho Textile Mills Limited’s financial results for the 1st quarter ended 30-09-2011

Related Articles

Financial results of Faran Sugar Mills Limited for year ended September 30, 2016

December 29, 2016

Financial results of Sui Northern Gas Pipelines Limited for quarter ended September 30, 2016

December 28, 2016

Karachi: We have to inform you that the Board of Directors of our company in their Meeting held on Monday the 31st October 2011 at 12:30 A.M. at Gammon House, Rawalpindi have recommended the following:

1. Cash dividend:

An Interim Cash Dividend for the 1st quarter ended 30th September 2011 @ Rs. Nil per share i.e. Nil %.

2. Bonus Issue:

It has been recommended by the Board of Directors to issue Interim Bonus Shares in proportion of Nil shares for every Nil share held i.e.

Nil%

3. Right shares:

The Board has recommended to issue Nil % Right Shares at par/at premium of Rs. Nil per shares in proportion of Nil share for every Nil shares subject to the consent of the Controller Capital Issues.

Any Other Entitlement:       Nil

The financial results of the company are as follow: –

 

	1st Quarter Ended
	September	September
	2011	2010
	Rupees in Thousands
Sales	559,451	459,831
Cost of sales	505,671	380,306
	———	———
Gross profit	53,780	79,525
Distribution cost	3,774	2,432
Administrative expenses	13,527	7,958
Other operating expenses	1,053	6,917
Other operating income	(1,089)	(1,296)
	———	———
	17,265	16,011
	———	———
Operating profit	36,515	63,514
Finance cost	12,932	(4,464)
	———	———
Profit before taxation	23,932	67,978
Taxation	5,602	4,606
	———	———
Profit after taxation	18,330	63,372
	———	———
	Rupees
Earnings/(loss) per share	3.83	14.72

 

Note:

Previous corresponding quarter’s figures have been restated wherever necessary for the purpose of comparison.

For more information, contact:
Janana De Malucho Textile Mills Limited
Habibabad, Kohat (N.W.F.P-Pakistan).
Tel: +92-922-510063
Fax: +92-922-510474
Email: janana_textile@hotmail.com
Website: http://www.jdm.com.pk/