Karachi: It is to inform you that the Board of Directors of our Company in their Meeting held on January 24, 2012 to review and approve accounts for the quarter ended December 31, 2011, recommended the following:
Cash Dividend
Bonus Issue
None
Right Shares
None
Financial Results
A copy of the profit & loss account of the company for the quarter ended December 31, 2011, is enclosed.
Condensed Interim Profit and Loss Account for the Quarter Ended December 31, 2011 (Un-Audited)
2011 | 2010 | |
Rupees | Rupees | |
Sales | 513,104,203 | 329,959,227 |
Cost of Sales | (392,787,921) | (254,757,028) |
———– | ———– | |
Gross Profit | 120,316,283 | 75,202,128 |
Administration expenses | (16,508,261) | (13,919,530) |
Distribution and marketing expenses | (39,516,715) | (38,265,953) |
Other operating expenses | (2,750,310) | (1,205,282) |
Other operating income | 986,639 | 2,235,432 |
———– | ———– | |
Profit from operations | 42,527,635 | 24,046,796 |
Finance cost | (5,987,805) | (8,033,760) |
———– | ———– | |
Profit before taxation | 36,539,830 | 16,013,035 |
Taxation | (12,788,941) | (5,261,883) |
———– | ———– | |
Profit after taxation | 23,750,890 | 10,751,152 |
———– | ———– | |
Earnings per share | 4.71 | 2.13 |
For More information, Contact
Mitchells’s Fruit Farms Limited
39-A, D-1, Gulberg III,
Lahore, Pakistan.
Phones: (042) 5872392-96
Fax: (042) 5872398
E-mail: ho@mitchells.com.pk
Website: www.mitchells.com.pk