AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, December 31, 2012 (PPI-OT): As required under Listing Regulation no. (17) of Karachi Stock Exchange, we are pleased to enclose financial results of Mohammad Farooq Textile Mills Limited (MFTM), for the period ended September 30, 2012.
Financial Results of Mohammad Farooq Textile Mills Limited for the Period Ended September 30, 2012
We have to inform you that the Board of Directors of Mohammad Farooq Textile Mills Limited in their meeting held on Monday, December 30, 2012 at 02:00 p.m. at mills premises plot nos. 6 and 7, sector 21, Korangi Industrial Area, Karachi, recommended the following:
(i) Cash Dividend -Nil-
And/ Or
(ii) Bonus Issue -Nil-
And/ Or
(iii) Right Shares -Nil-
And/ Or
(iv) Any Other Entitlement/ Corporate Action -Nil-
And/ Or
(v) Any Other Price-Sensitive Information -Nil-
The Financial Results of the Company is as follows.
|
(Un- Audited) |
(Un-Audited) |
|
|
Sept 30, |
Sept 30, |
|
|
2012 |
2011 |
|
|
(Rupees in ‘000). |
||
| Sales-net |
– |
1,585 |
| Cost of sales |
– |
(2,139) |
|
—– |
—– |
|
| Gross (loss)/ profit |
– |
(554) |
| Administrative expenses |
(2,251) |
(1,684) |
| Finance cost |
(1,844) |
(1,617) |
| Others |
– |
– |
| Write off to net realizable Values |
– |
– |
|
—– |
—– |
|
| Loss before taxation |
(4,095) |
(3,855) |
| Taxation | ||
| Current |
– |
(16) |
| Deferred |
– |
– |
|
—– |
—– |
|
|
– |
(16) |
|
|
—– |
—– |
|
| Loss for the Year Ended |
(4,095) |
(3,871) |
|
—– |
—– |
|
| Earnings per share-Basic and diluted (Rupees) |
(0.22) |
(0.20) |
For more information, contact:
Mohammad Farooq Textile Mills Limited
Plot 6 and 7, Sector 21,
Korangi Industrial Area, Karachi
P.O. Box: 4628
Tel: (021) 5011571-5, 5023006-8,
Fax: (021) 5011607, 5015498,
E-mail: mftml@cyber.net.pk
Web: www.mohammadfarooq.com.pk