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Kohat Textile Mills Limited’s Financial Results For the Year Ended June 30, 2011

Karachi: We have to inform you that the Board of Directors four Company in their meeting held on October 03, 2011 at 05:00 PM at Islamabad, have approved as follows.

Profit and Loss Account for the Year Ended 30 June 2011

 

2011

2010

Rupees in 000

Sales 2,133,636 1,686,696
Cost of Sales 1,999,571  1,514,660
  ——— ———
Gross Profit 134,065 172,036
Distribution Cost  6,250  6,752
Administrative Expenses 37,983 39,051
Other Operating Expenses 2,608  11,097
Other Operating Income  (19,309) (857)
 ———  ———
 27,532 56,045
Profit from Operations  106,533  115,993
Finance Cost  78,762  94,341
Profit before Taxation  27,771 21,652
Taxation
Current  21,336  8,433
– Prior year  2 18
– Deferred  0  (3,258)
  ———  ———
 21,338 5,193
———  ———
Profit after Taxation  6,433 16,459
Other Comprehensive 0 0
 ——— ———
Total Comprehensive Income 6,433 16,459
 ———  ———
Earnings per Share 0.31  0.79

 

For more information, contact:
Mumtaz H. Chaudhry
Company Secretary
Kohat Textile Mills Limited
3rd Floor, Kulsum Plaza,
Blue Area, Islamabad,
Pakistan,
Tel: (92 51) 2277670,
Fax: (92 51) 28225641

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