Karachi, November 01, 2012 (PPI-OT): We have to inform you that the Board of Directors of our company in their Meeting held on Wednesday the 31st October, 2012 at 12:15 P.M. at Gammon House, Rawalpindi have recommended the following:-
(i) Cash Dividend:
A interim Cash Dividend for the quarter ended 30th September, 2012 @ Rs. Nil per share i.e. Rs. Nil per share.
(ii) Bonus Issue:
It has been recommended by the Board of Directors to issue Bonus Shares in proportion of Nil shares for every Nil share held i.e. Nil %.
(iii) 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.
(iv) Any Other Entitlement:
Nil
The financial results of the company are as follow:-
Period Ended |
||
September |
September |
|
30, |
30, |
|
2012 |
2011 |
|
Particulars |
(Rupees in thousands) |
|
Sales |
631,537 |
559,451 |
Cost of Sales |
534,462 |
505,671 |
——- |
——- |
|
Gross Profit |
97,075 |
53,780 |
Distribution Cost |
2,112 |
3,774 |
Administrative Expenses |
15,061 |
13,527 |
Other Operating Expenses |
5 |
1,053 |
Other Operating Income |
(4) |
(1,089) |
——- |
——- |
|
17,174 |
17,265 |
|
——- |
——- |
|
Profit from Operations |
79,901 |
36,515 |
Finance Cost |
24,548 |
12,583 |
——- |
——- |
|
Profit before Taxation |
55,353 |
23,932 |
Taxation |
3,158 |
5,602 |
——- |
——- |
|
Profit after Taxation |
52,195 |
18,330 |
——- |
——- |
|
Rupees | ||
Earnings per Share |
10.91 |
3.83 |
For more Information, contact:
Amin-Ur-Rasheed
Company Secretary and
General Manager Corporate Affairs
Janana De Malucho Textile Mills Limited
Shares Department
Habibabad Kohat