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Karachi: We inform you that a meeting of the Board of Directors of the Company was held on Thursday 29th September 2011 at 11:30 AM to consider the Audited Financial Statement for the year ended June 30, 2011. The Board of Directors while approving the financial statements have not recommended any dividend for the year. Further they have also neither recommended any bonus shares nor any right issue.
The Financial Results for the Year Ended June 30, 2011 are as follows:
|
Year Ended |
||
|
June30 2011 |
June 30 2010 |
|
|
(Rupees in Thousand) |
||
| Revenue from Sales and Services-net | 243,343 | 127,181 |
| Cost of Sales and Service | (207,885) | (102,431) |
| ——- | ——- | |
| Gross Profit | 35,458 | 24,750 |
| Distribution Cost | (5,474) | (5,300) |
| Administrative Expenses | (25,070) | (24,717) |
| Other Operating Income | 4,591 | 6,611 |
| ——- | ——- | |
| 9,505 | 1,344 | |
| Finance cost | (7,213) | (8,068) |
| ——- | ——- | |
| Profit/(Loss) before Taxation | 2,292 | (6,724) |
| Taxation | (3,142) | (1,314) |
| ——- | ——- | |
| Loss after Taxation | (850) | (8,038) |
| ——- | ——- | |
| Earning per Share – basic and diluted | (0.16) | (1.47) |
The Annual General Meeting of the Company will be held on 29th October 2011 at 09:45 AM at C-10, South Avenue, SITE, Karachi-75700, Pakistan.
The Share Transfer Books of the Company will be closed from 21st October 2011 to 29th October 2011(both days inclusive). Transfers received at the C and K Management Associates (Private) Limited 404, Trade Tower, Abdullah Haroon Road, Near Metropole Hotel, Karachi-75530 at the close of business on 20°’ of October 2011 will be treated in time for the purpose of above entitlement to the transferees.
For more information, contact:
Shehryar Saeed
Chairman/ Chief Executive
c
C-10, South Avenue, SITE,
P.O. Box – 3603,
Karachi-75700,
Pakistan.
Tel: 32560030-37
Fax: (9221) 32564603
Email: www.johnsonphillips.pk