Maqbool Textile Mills Limited’s financial results for the first quarter ended September 30, 2012

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