Karachi, October 31, 2012 (PPI-OT): We have to inform you that the Board of Directors of the Company in its meeting held an 30th Day of October, 2012 at 03:30 pm at Head Office 2-Industrial Estate, Multan recommended the payment of Interim Cash Dividend/ Bonus shares for the First Quarter ended September 30, 2012 at the rate of Rs. Nil per Share (Nil%).
The financial results of the Company are as follows:
September |
September |
|
30, 2012 |
30, 2011 |
|
Rupees |
Rupees |
|
Sales |
726,547,697 |
733,450,172 |
Cost of Goods Sold |
(661,352,407) |
(685,763,342) |
———– |
———– |
|
Gross Profit |
65,195,290 |
47,686,830 |
Other Operating Income |
8,129,354 |
1,323,473 |
Distribution Cost |
(11,884,427) |
(9,813,453) |
Administrative Expenses |
(11,044,137) |
(11,266,610) |
Other Operating Expenses |
(3,156,701) |
(1,452,500) |
Finance Cost |
(9,900,580) |
(11,098,599) |
———– |
———– |
|
(27,856,491) |
(32,307,689) |
|
———– |
———– |
|
Profit before Taxation |
37,338,799 |
15,379,141 |
Provision for Taxation |
(11,752,397) |
(7,545,126) |
———– |
———– |
|
Net Profit for the period |
25,586,402 |
7,834,015 |
———– |
———– |
|
Earning per Share-Basic |
1.52 |
0.47 |
For more information, contact:
Muhammad Ehsanullah Khan
Company Secretary
Maqbool Textile Mills Limited
2-Industrial Estate, Multan –Pakistan.
Tel: +92 61 653 9551-2, 653 7155,
Fax: +92 61 653 9042
E-mail: marketing@maqboolgroup.com
Web: www.maqboolgroup.com