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KSB Pumps Company Limited’s results for the half year ended 30.06.2013

Karachi, August 15, 2013 (PPI-OT): We have to inform you that the Board of Directors of our Company in their Meeting held at 11.00 a.m. on Thursday, August 5, 2013 has approved the following financial results for the half year ended 30.06.2013.

                                                            April to June                     January to June
                                                       2013               2012             2013             2012
                                                           (Rupees in ‘000’)                 (Rupees in ‘000’)

Sales                                                 713,385            797,960         1,422,568        1,423,150
Cost of sales                                        (550,887)          (616,812)       (1,106,174)      (1,120,775)
                                                      -------            -------         ---------        ---------
Gross profit                                          162,498            181,149           310,394          302,375
Distribution and Marketing expenses                   (57,978)           (68,360)         (120,708)        (110,048)
Administration expenses                               (37,927)           (30,637)          (77,320)         (65,284)
Other operating expenses                               (6,562)            (7,733)          (13,346)         (15,905)
Other operating income                                  5,260              8,479            16,816           15,614
                                                      -------            -------         ---------        ---------
Profit/ (loss) from operations                         65,291             82,897           121,836          126,752
Finance cost                                           (5,794)            (7,141)          (12,004)         (12,654)
                                                      -------            -------         ---------        ---------
Profit/ (loss) before taxation                         59,497             75,756           109,832          114,098
Taxation                                              (18,858)           (34,545)          (35,414)         (47,965)
                                                      -------            -------         ---------        ---------
Profit/ (loss) for the period                          40,639             41,211            74,418           66,133
                                                      -------            -------         ---------        ---------
Earnings per share-basic and diluted-Rs.                 3.08               3.12              5.64             5.01
                                                      -------            -------         ---------        ---------

We will be sending you 300 copies of printed accounts for distribution amongst the members of the Exchange in due course of time.

For more information, contact:
Sajid Mahmood Khan
Company Secretary
KSB Pumps Company Limited
16/2 Sir Aga Khan Road, Lahore Pakistan.
UAN: +92-42-111-572-786
Tel: +92-42-363084173
Fax: +92-42-36366192
E-mail: info@ksb.com.pk
Web: www.ksb.com.pk

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