Karachi, November 01, 2012 (PPI-OT): 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 31, 2012 considered and approved the un-audited interim financial information for the period ended September 30, 2012.
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 Account (Un-Audited) for the Quarter Ended September 30, 2012
Sep, 30 |
Sep, 30 |
|
2012 |
2011 |
|
Rupees |
Rupees |
|
Sales |
584,851,130 |
437,032,333 |
Cost of goods sold |
(559,930,476) |
(428,045,645) |
———– |
———– |
|
Gross profit |
24,920,654 |
8,986,688 |
Other operating income |
1,590,418 |
1,245,197 |
———– |
———– |
|
26,511,072 |
10,231,885 |
|
Distribution cost |
4,228,731 |
5,038,545 |
Administrative expenses |
9,896,345 |
12,141,604 |
Other operating expenses |
2,373,059 |
1,039,133 |
Finance cost |
5,484,541 |
3,048,786 |
———– |
———– |
|
(21,982,676) |
(21,268,068) |
|
———– |
———– |
|
Profit/ (Loss) before taxation |
4,528,396 |
(11,036,183) |
Taxation |
(2,924,256) |
– |
———– |
———– |
|
Profit/ (Loss) after taxation |
1,604,140 |
(11,036,183) |
Other comprehensive income |
– |
– |
———– |
———– |
|
Total comprehensive income |
1,604,140 |
(11,036,183) |
———– |
———– |
|
Earnings per share-basic and diluted |
0.11 |
(0.75) |
For more information, contact:
Muhammad Siddique
Company Secretary
N.P. Spinning Mills Limited
703, Uni Tower, I. I. Chundrigar Road,
Karachi-Pakistan
Phone: +92-21-32427202 (4 Lines)
Fax: +92-21-32427207
Email: info@npsm.com.pk