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Karachi, October 31, 2012 (PPI-OT): We have to inform you that the Board of Directors of our company in their meeting held on October 31, 2012 at 12:00 Noon, at Islamabad, have approved the quarterly financial statements. The results of the Company are attached as Annexure-A.
Annexure-A
Profit and Loss Account for the Period Ended 30 September, 2012
|
July – Sep, |
July – Sep, |
|
|
2012 |
2011 |
|
|
(Rupees) |
||
| Sales |
623,269,414 |
700,668,483 |
| Cost of Sales |
533,359,721 |
637,933,106 |
|
———– |
———– |
|
| Gross Profit |
89,909,693 |
62,735,377 |
| Distribution Cost |
2,057,477 |
1,788,578 |
| Administrative Expenses |
12,055,658 |
9,282,364 |
| Other Operating Expense |
4,683,723 |
390,022 |
| Other Operating Income |
– |
(754,624) |
|
———– |
———– |
|
|
18,796,858 |
10,706,340 |
|
|
———– |
———– |
|
| Profit from Operations |
71,112,835 |
52,029,037 |
| Finance Cost |
17,369,820 |
21,071,562 |
|
———– |
———– |
|
| Profit before Taxation |
53,743,015 |
30,957,475 |
| Taxation | ||
| Current |
3,119,497 |
7,006,685 |
| Deferred |
17,580,633 |
– |
|
———– |
———– |
|
|
20,700,130 |
7,006,685 |
|
|
———– |
———– |
|
| Profit after Taxation |
33,042,885 |
23,959,790 |
|
———– |
———– |
|
| Earning per Share (Rupees) |
1.59 |
1.15 |
For more information, contact:
Mumtaz H. Chaudhry
Company Secretary
Kohat Textile Mills Limited
3rd Floor, Ku1sum Plaza, Blue Area,
Islamabad, Pakistan, + (92 51) 2277670,
Fax: + (92 51) 28225641
Web: www.kohattextile.com