Service Industries Limited’s Financial Results for the Half Year Ended June 30, 2012 : AsiaNet-Pakistan

Service Industries Limited’s Financial Results for the Half Year Ended June 30, 2012

[ 0 ] August 28, 2012 | Financial Results | Share:

Karachi, August 28, 2012 (PPI-OT): We have to inform you that the Board of Directors in their meeting held on August 28, 2012 at 11:00 a.m. at the registered office of the Company, has approved the accounts for the half year ended June 30, 2012 and recommended the following:

1) Cash Dividend                          Nil

2) Bonus Shares                            Nil

3) Right Shares                              Nil

4) Any other entitlement          Nil

The financial results of the Company are as under:

Six Months Ended

Three Months Ended

June 30, June 30, June 30, June 30,
2012 2011 2012 2011

(Rupees in thousand)

Sales 5,808,123 5,244,515 3,199,396 3,070,354
Cost of sales 4,966,055 4,906,737 2,747,069 2,678,386
——— ——— ——— ———
Gross profit 839,068 837,778 452,337 391,968
Distribution cost 224,415 149,057 137,530 66,292
Administrative expenses 244,660 196,437 124,863 107,209
Other operating expenses 23,225 40,631 12,368 21,914
Finance cost 152,954 94,286 82,459 52,722
Other operating income (28,835) (17,413) (13,049) (10,367)
——— ——— ——— ———
616,919 462,993 344,121 237,770
——— ——— ——— ———
Profit before taxation 222,149 374,785 108,166 154,198
——— ——— ——— ———
73,223 91,640 55,248 47,283
——— ——— ——— ———
Profit after taxation 148,926 283,145 52,918 106,915
——— ——— ——— ———
Earning per Share –Basic and Diluted (Rupees) 12.38 23.54 4.40 8.89

For more information, contact:
Service Industries Limited
Service House, 2-Main Gulberg
Lahore-54662 (Pakistan)
Phone: (42) 5751990-96
Fax: (42) 5710593

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Category: Financial Results