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Karachi: In compliance with the listing regulations of the Exchange, we would like to inform you that the Board of Directors of the Company, in its meeting held on October 29, 2011 considered and approved the un-audited interim financial information for the period ended September 30, 2011.
Financial information of the Company for the period as approved by the Board at the aforesaid meeting with comparative figures of corresponding period last year is enclosed herewith.
Condensed Interim Profit and Loss Accounts (Un-audited)
|
Sep. 30 |
Sep. 30 |
|
|
2011 |
2010 |
|
|
Rupees |
Rupees |
|
| Sales | 437,032,333 | 374,866,079 |
| Cost of goods sold | (428,045,645) | (334,163,209) |
| ———– | ———– | |
| Gross profit | 8,986,688 | 40,702,870 |
| Other operating income | 1,245,191 | 111,007 |
| ———– | ———– | |
| 10,231,885 | 40,813,877 | |
| Administrative expenses | 12,141,604 | 13,419,817 |
| Finance cost | 3,048,786 | 4,644,659 |
| ———– | ———– | |
| (21,268,068) | (23,941,057) | |
| ———– | ———– | |
| Profit/(loss) before taxation | (11,036,183) | 16,872,820 |
| Taxation | – | (6,414,356) |
| ———– | ———– | |
| Profit/(loss) after taxation | (11,036,183) | 10,458,464 |
| Other comprehensive income | – | – |
| ———– | ———– | |
| Total comprehensive income/(loss) | ||
| for the period | (11,036,183) | 10,458,464 |
| ———– | ———– | |
| Earnings per share-basic and diluted | (0.75) | 0.71 |
For more information, contact:
N.P. Spinning Mills Limited
703, Uni Tower, I.I. Chundrigar Road,
Karachi – Pakistan.
Tel: +92-21 32427202
Fax: +92-21 32427207
Email: info@npsm.com.pk