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Karachi: We have to inform you that the Board of Directors of our Company in their meeting held on Tuesday the 24th April, 2012 at 12/CL-6, Claremont Road, Civil Lines, Karachi has approved the accounts for the above period.
The Financial Results of the Company are enclosed herewith.
Condensed Interim Profit and Loss Account for the Period Ended March 31, 2012 (Unaudited)
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Quarter Ended |
Nine months ended |
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|
March 31, |
March 31, |
March 31, |
March 31, |
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| Note |
2012 |
2011 |
2012 |
2011 |
|
|
Rupees in thousands |
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| Net sales | |||||
| Local | 1,385,708 | 1,158,679 | 4,839,945 | 3,725,032 | |
| Export | 220,150 | 181,268 | 559,703 | 443,247 | |
| ——— | ——— | ——— | ——— | ||
| 1,605,858 | 1,399,547 | 5,599,648 | 4,168,279 | ||
| cost of sales | 1,117,150 | 995,702 | 3,669,051 | 2,980,878 | |
| ——— | ——— | ——— | ——— | ||
| Gross profit | 488,708 | 344,245 | 1,730,597 | 1,187,401 | |
| Operating expenses | |||||
| Distribution cost | 214,762 | 185,943 | 843,775 | 694,381 | |
| Administrative expenses | 46,067 | 45,851 | 160,242 | 125,924 | |
| Other operating expenses | 15,684 | 8,719 | 52,573 | 22,832 | |
| ——— | ——— | ——— | ——— | ||
| 276,513 | 240,513 | 1,056,590 | 843,137 | ||
| Other income | 12,152 | 4,200 | 27,917 | 7,940 | |
| ——— | ——— | ——— | ——— | ||
| Profit from operations | 224,947 | 107,932 | 701,924 | 352,204 | |
| Finance cost | 18,288 | 34,012 | 58,970 | 99,290 | |
| ——— | ——— | ——— | ——— | ||
| Profit before taxation | 206,659 | 73,920 | 642,954 | 252,914 | |
| Taxation | 60,947 | 12,569 | 207,256 | 72,981 | |
| ——— | ——— | ——— | ——— | ||
| Profit after taxation | 145,712 | 61,351 | 435,698 | 179,933 | |
| ——— | ——— | ——— | ——— | ||
| Earnings per share – Rupees | 3.51 | 1.48 | 10.51 | 4.34 | |
For more information, Contact:
Rayyaz Abdul Ghaffar
Company Secretary
National Foods Limited
12/CL-6, Claremont Road,
Civil Lines, Karachi – 75530,
Tel: 9221-35662687, 35670793, 35670585
Fax: 9221-35684870
URL: www.nfoods.com