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Karachi, September 10, 2012 (PPI-OT): We have to inform you that Board of Directors of our Company in their meeting held on Friday, September 07, 2012 at 04:30 p.m. recommended the following:
a) No announcement for any entitlement.
b) The Financial results of the company are as follows:
|
Rupees in (000) |
||
| Particulars |
June 30, 2012 |
June 30, 2011 |
| Turnover |
– |
– |
| Cost of Sales |
– |
– |
|
——- |
——- |
|
| Gross (Loss)/ Profit |
– |
– |
| Administrative Expenses |
(130,917) |
(71,625) |
| Marketing and selling expenses |
(112,063) |
(204) |
| Other operating expenses |
(7,878) |
(12,385) |
| Finance Cost |
(507,524) |
(489,937) |
|
——- |
——- |
|
|
(758,382) |
(574,151) |
|
| Other operating Income |
12,796 |
15,660 |
|
——- |
——- |
|
| Loss before taxation |
(745,586) |
(558,491) |
| Taxation |
409,843 |
427,645 |
|
——- |
——- |
|
| (Loss) after taxation |
(335,743) |
(130,846) |
|
——- |
——- |
|
| Earnings per share-Rupees |
(5.78) |
(2.25) |
c) The Annual General Meeting of the Company will be held on Oct 25, 2012 at 7:30 pm at Beach Luxury Hotel Karachi.
d) The Board of Directors has fixed 11 numbers of Directors to be elected in the forthcoming Annual General Meeting and The Share Transfer Books of the Company will be closed from October 19, 2012 to October 25, 2012 (both days inclusive).
For more information, contact:
Javedan Corporation Limited
(formerly Javedan Cement Limited)
Corporate Office: Arif Habib Center,
23, M.T. Khan Road, Karachi, Pakistan-74000,
Ph: 32468101,
Fax: 32466624,
UAN: 111-511-511
Web: www.jcl.com.pk