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Karachi, October 31, 2012 (PPI-OT): We have to inform you that the Board of Directors of our Company in their meeting held at 9 A.M. on Wednesday, the 31st October, 2012 have approved the accounts for the First Quarter ended 30th September, 2012, and have decided to skip the Interim Dividend. The financial results for the period ended 30th September, 2012 are enclosed herewith.
Financial Results for the First Quarter Ended September 30, 2012 (Un-Audited)
|
September 30, |
September 30, |
|
|
2012 |
2011 |
|
|
Rupees |
||
| Net turnover |
355,478,953 |
286,084,950 |
| Cost of sales |
(304,294,251) |
(233,339,856) |
|
———– |
———– |
|
| Gross profit |
51,184,692 |
52,745,094 |
| Gross profit |
51,184,692 |
52,745,094 |
| Distribution costs |
(1,471,828) |
(1,058,520) |
| Administrative expenses |
(5,050,004) |
(5,639,095) |
| Other operating expenses |
(2,551,666) |
(2,848,189) |
| Other operating (loss)/ income |
(42,464) |
366,123 |
|
———– |
———– |
|
| Operating profit |
42,068,730 |
43,565,413 |
| Finance cost |
(7,639,727) |
(6,272,808) |
|
———– |
———– |
|
| Profit for the period before taxation |
34,429,003 |
37,292,605 |
| Provision for taxation-current |
(11,127,873) |
(14,125,704) |
| -deferred (current) |
1,019,336 |
2,021,808 |
|
———– |
———– |
|
|
(10,108,537) |
(12,403,896) |
|
|
———– |
———– |
|
| Profit after taxation |
24,320,466 |
24,888,709 |
|
———– |
———– |
|
| Earning per share-Basic and Diluted-restated |
3.54 |
3.62 |
For more information, contact:
Abdul Hussain Antaria
Company Secretary
Sana Industries Limited
P. O. Box 10651, SF-96,
Sindh Industries Trading Estate,
Karachi- 75700 Pakistan.
Tel: 32561728-9
Fax: 32570833
E-mail: sanaseals@cyber.net.pk
Web: info@sana-industries.com