JS Global Capital Limited’s financial results for the third quarter and nine months period ended March 31, 2012

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Karachi:  We are pleased to inform you that the Board of Directors of JS Global Capital Limited (JSGCL) in their meeting held on April 24, 2012 at 1600 hours at Faysal House, Shahrah-e-Faisal, Karachi has approved the financial results of the Company for the third quarter and nine months period ended March 31, 2012 and have recommended the following:

Cash Dividend

Nil

Bonus Shares

Nil

Right Shares

Nil

The financial results of the Company are as follows:

	Nine Months Period Ended		Three Months Period Ended
	31 March	31 March	31 March	31 March
	2012	2011	2012	2011
	(Rupees)		(Rupees)
Operating revenue	130,598,889	176,605,799	51,678,034	68,378,337
Income from reverse repurchase
transactions	223,994	–	223,994	–
Capital gain on sale of investments	33,570,467	36,237,855	3,719,598	1,852,311
Gain on re-measurement of investments
at fair value through profit or loss – net	37,765,461	52,407,930	11,593,162	15,113,591
	———–	———–	———-	———-
	202,158,811	265,251,584	67,214,788	85,344,241
Administrative and operating expenses	(206,621,987)	(247,166,448)	(68,727,650)	(83,776,911)
Reversal for doubtful debts	–	433,592	–	–
	———–	———–	———-	———-
	(4,463,176)	18,518,728	(1,512,862)	1,567,330
Other operating income	176,792,600	163,660,607	57,851,062	63,144,032
	———–	———–	———-	———-
	172,329,424	182,179,335	56,338,200	64,711,362
Provision for Workers’ Welfare Fund	(3,314,457)	(3,577,721)	(1,187,037)	(1,293,377)
Finance cost	(9,434,911)	(3,325,875)	(4,215,142)	(959,120)
	———–	———–	———-	———-
Profit before taxation	159,580,056	175,275,739	50,936,021	62,458,865
Taxation – current	(38,621,612)	(46,839,109)	(10,830,878)	(18,787,574)
-deferred	4,704,159	2,172,960	–	–
	———–	———–	———-	———-
	(33,917,453)	(44,666,149)	(10,830,878)	(18,787,574)
	———–	———–	———-	———-
Profit after taxation	125,662,603	130,609,590	40,105,143	43,671,291
	———–	———–	———-	———-
Earnings per share – basic and diluted	2.51	2.61	0.80	0.87

For more information, Contact:
Danish Zahour
Company Secretary
JS Global Capital Limited
6th Floor, Faysal House,
Shahrah-e-Faisal Karachi
Phone: +92 21 111 574 111
Fax: +92 21 3280 0163