AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, August 31, 2012 (PPI-OT): The Board of Directors of Pak Elektron Limited (PAEL) in their meeting held at 11:30 A.M. on Friday. August 31 2012 at Factory Premises 14-Kilometer Ferozepur Road, Lahore have approved the followings Financial Results of the Company for 2nd Quarter (half Year) Ended June 30, 2012:
|
(Rupees in Thousands) |
||||
|
Six Months Ended |
Three Months Ended |
|||
|
June 30, 2012 |
June 30, 2012 |
June 30, 2012 |
June 30, 2012 |
|
| Revenue |
11,566,956 |
7,906,883 |
7,200,570 |
4,560,391 |
| Less: Sales Tax and Discount |
1,612,956 |
1,484,470 |
1,032,133 |
890,672 |
|
———- |
——— |
——— |
——— |
|
| Revenue-Net |
9,954,000 |
6,422,413 |
6,168,437 |
3,669,719 |
| Cost of Sales |
8,017,375 |
5,518,649 |
4,847,526 |
3,189,274 |
|
———- |
——— |
——— |
——— |
|
| Gross Profit |
1,936,625 |
903,764 |
1,320,911 |
480,445 |
| Other Operating Income |
25,964 |
12,375 |
15,335 |
7,117 |
|
———- |
——— |
——— |
——— |
|
|
1,962,589 |
916,139 |
1,336,246 |
487,562 |
|
| Distribution Cost |
441,746 |
916,139 |
231,931 |
200,334 |
| Administrative Expenses |
289,226 |
299,199 |
126,184 |
143,530 |
| Other Operating Expenses |
419 |
6,670 |
419 |
355 |
| Finance Costs |
1,109,839 |
864,691 |
580,593 |
354,158 |
|
———- |
——— |
——— |
——— |
|
|
1,841,230 |
1,550,439 |
939,127 |
698,377 |
|
|
———- |
——— |
——— |
——— |
|
|
121,359 |
(634,300) |
397,119 |
(210,815) |
|
| Share of Loss of Associate |
(15,335) |
(674) |
(15,335) |
(1,999) |
|
———- |
——— |
——— |
——— |
|
| Profit/ (loss) before Taxation |
106,024 |
(634,974) |
381,784 |
(212,814) |
| Provision for Taxation |
66,122 |
64,224 |
116,608 |
36,697 |
|
———- |
——— |
——— |
——— |
|
| Profit/ (Loss) for the Period |
39,902 |
(699,198) |
265,176 |
(249,511) |
| Other Comprehensive Income |
– |
– |
– |
– |
|
———- |
——— |
——— |
——— |
|
| Total Comprehensive Income/ (Loss) | ||||
| for the period |
39,902 |
(699,198) |
265,176 |
(249,511) |
|
———- |
——— |
——— |
——— |
|
| Earnings / (Loss) per Share-Rupees | ||||
| Basic |
0.06 |
(6.01) |
2.31 |
(2.17) |
|
———- |
——— |
——— |
——— |
|
| Diluted |
0.06 |
(6.01) |
1.08 |
(2.17) |
For more information, contact:
Pak Elektron Limited
17 – Aziz Avenue, Canal Bank,
Gulberg – V, Lahore 54680, Pakistan.
P.O. Box No. 675
Telephone: 92 – 42-5718274 – 77 and 5717364 – 66,
Fax: 92-42-5762707, 5717785 and 5715105,
E-mail: saigolgroup@siagols.com