AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, March 05, 2013 (PPI-OT): Subsequent to dispatch of accounts of 31st December 2012 to the exchanged, we observed that sales of raw materials that were deducted from cost of sales required proper classification as export sales. The changes in presentation so made had however no effect on the net result and EPS. The inconvenience if any caused is hence regretted.
(i) Cash Dividend
No cash dividend announced /issued for the half year ended December 31, 2012.
(ii) Bonus Shares AND/OR
No bonus shares announced / issued for the half year ended December 31, 2012.
(iii) Right Shares AND/OR
No right shares announced / issued for the half year ended December 31, 2012.
The financial results of the Company are as follows:
Condensed Interim Profit and Loss Account for the Half Year and Quarter Ended December 31, 2012 (Unaudited)
|
31-12-2012 |
31-12-2011 |
31-12-2012 |
31-12-2011 |
|
|
Rupees |
Rupees |
Rupees |
Rupees |
|
| Sales |
7,039,934 |
67,289,580 |
2,378,565 |
44,852,635 |
| Processing receipt |
6,983,630 |
– |
2,817,942 |
– |
|
13,023,564 |
– |
5,196,507 |
– |
|
| Cost of sales |
32,376,920 |
63,636,348 |
17,236,315 |
(42,966,063) |
|
———- |
———– |
———- |
———– |
|
| Gross (loss) profit |
(19,353,356) |
3,653,232 |
(12,039,808) |
1,885,672 |
| Operating expenses | ||||
| Administrative and General |
2,460,640 |
4,473,832 |
980,593 |
(2,492,264) |
| Selling and Distribution |
1,127,495 |
4,296,330 |
502,971 |
(2,752,686) |
| Financial |
1,293,757 |
1,375,410 |
548,691 |
(720,931) |
|
———- |
———– |
———- |
———– |
|
|
4,881,892 |
10,145,572 |
2,132,255 |
5,965,881 |
|
|
———- |
———– |
———- |
———– |
|
| Operating income/ (loss) |
(24,235,248) |
(6,492,340) |
(14,172,063) |
(4,080,209) |
| Other income/(loss) |
– |
357,800 |
– |
357,800 |
|
———- |
———– |
———- |
———– |
|
|
(24,235,248) |
(6,134,540) |
(14,172,063) |
(3,722,409) |
|
| Workers’ profit fund |
– |
– |
– |
– |
| Workers welfare fund |
– |
– |
– |
– |
|
———- |
———– |
———- |
———– |
|
|
– |
– |
– |
– |
|
|
———- |
———– |
———- |
———– |
|
| Net profit before taxation |
(24,235,248) |
(6,134,540) |
(14,172,063) |
(3,722,409) |
| Taxation | ||||
| Current |
101,836 |
672,896 |
37,378 |
448,527 |
|
———- |
———– |
———- |
———– |
|
| Prior year’s |
– |
– |
– |
– |
| Deferred |
– |
– |
– |
– |
|
———- |
———– |
———- |
———– |
|
|
(101,836) |
(672,896) |
(37,378) |
(448,527) |
|
|
———- |
———– |
———- |
———– |
|
| Profit/ (loss) after tax |
(24,337,084) |
(6,807,436) |
(14,209,441) |
(4,170,936) |
| Unappropriated profit / (loss) B/F |
81,812,275 |
133,756,572 |
71,684,632 |
131,120,072 |
|
———- |
———– |
———- |
———– |
|
| Unappropriated profit / (loss) C/F |
57,475,191 |
126,949,136 |
57,475,191 |
126,949,136 |
|
———- |
———– |
———- |
———– |
|
| Earning / (loss) per share |
(11.27) |
(3.15) |
(6.58) |
(1.93) |
For more information, contact:
Company Secretary
Moonlite (Pak) Limited
301, 3rd Floor, Anum Blessing, Near Duty Free Shop,
K.C.H.S. Block 7/8, P.E.C.H.S. Karachi (Pakistan),
Phone No: (+92 21)-34325208-10,
Fax No: (+92 21)-34325211
E-mail: moonlit@cyber.net.pk