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Japan Power Generation Limited’s financial results for the half year ended December 31, 2011

Karachi: We have to inform you that the Hoard of Directors of our Company in their meeting held on Thursday, February 02, 2012 at 10:30 AM al Board meeting room, Islamabad Club, Islamabad to recommend the following:

1) Cash Divined  NIL%

2) Bonus Shares  NIL%

3) Right Shares  NIL%

The financial results of the Company are as follows:

 

Half Year Ended

Quarter Ended

Dec 31, 2011

Dec 31, 2010

Dec 31, 2011

Dec 31, 2010

(Rs.)

(Rs.)

(Rs.)

(Rs.)

Sales 3,047,609,799 2,348,842,051 1,449,534,429 1,151,214,477
Cost of Sales (3,110,733,996) (2,604,577,478) (1,476,513,597) (1,276,430,729)
—————- ————— ————— —————
Gross (Loss) / Profit (36,124,197) (255,735,427) (26,979,168) (125,216,252)
Operating expenses
Administrative and General (81,557,082) (85,475,543) (30,626,304) (21,406,514)
—————- ————— ————— —————
Operating (loss) / profit (117,681,279) (341,210,970) (57,605,472) (146,622,766)
Other income 9,957,601 13,290,402 6,056,183 8,141,532
Financial / Other Costs
Finance cost (580,854,480) (442,905,553) (286,142,507) (230,011,747)
—————- ————— ————— —————
Net loss before taxation (688,578,158) (770,826,121) (337,691,796) (368,492,981)
Provision for taxation
Current – on other income (1,487,768) (1,347,056) (922,659) (417,173)
—————- ————— ————— —————
Net Loss After Taxation (690,065,926) (772,173,177) (338,614,455) (368,910,154)
—————- ————— ————— —————
Loss Per Share (Basic and Diluted) (4.42) Rs. (4.95) (2.17) Rs. (2.36

 

For more information, Contact
Japan Power Generation Limited
Jia Bagga, Raiwind Road, Lahore,
Tel: 042-35835864-6
Fax: 042-35835860
E-mail: jpgl@brain.net.pk
Website: www.jpgl.pk.com

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