N.P. Spinning Mills Limited’s interim financial information for the quarter ended September 30, 2012 : AsiaNet-Pakistan

N.P. Spinning Mills Limited’s interim financial information for the quarter ended September 30, 2012

[ 0 ] November 1, 2012 | Financial Results | Share:

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

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Category: Financial Results

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