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Maple Leaf Cement Factory Limited’s financial results for the 1st quarter ended September 30, 2011 (Un-Audited)

Karachi: We have to inform you that the Board of Directors of our Company in their Meeting held on Tuesday, October 25, 2011 at 11:00 AM at 42-Lawrence Road, Lahore, the Registered Office of the Company, recommended the following:

Cash Dividend / Bonus Shares / Right Shares       Nil

The financial results of the Company are as follows:

 

Period Ended

September 30

September 30

2011

2010

Rupees in Thousand

Sales – Net 3,356,176 2,910,127
Cost of sales 2,686,404 2,591,119
 ———-  ———-
Gross profit 669,772 319,008
Distribution cost 237,030 322,441
Administrative expenses  46,426 52,795
Other operating expenses  10,362  21,152
 ———- ———-
293,818 396,388
Other operating income 14,083 2,601
———-  ———-
Profit / (Loss) from operations 390,037  (74,779)
Finance cost 610,331 534,729
 ———-  ———-
Loss before taxation (220,294) (609,508)
Taxation 7,681 9,290
 ———-  ———-
Loss after taxation  (227,975) (618,798)
———- ———-
Rupees
Loss per share – Basic and diluted  (0.46)  (1.49)

 

For more information, contact:
Muhammad Ashraf
Company Secretary
Maple Leaf Cement Factory Limited
42-Lawrence Road, Lahore (Pakistan)
Phones: 042-36278904-5
Fax: 92-42-36363184
E-mail: mlcfl@kmlg.com

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