AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, February 21, 2013 (PPI-OT): We have to inform you that the Board of Directors of the Company in their meeting held on Wednesday, February 20, 2013 at 4:00 p.m at House of Habib Building, 2nd Floor, Siddiquesons Tower, Shahrah-e-Faisal, Karachi, recommended the following:
Cash Dividend : NIL Bonus Shares : NIL
Right Shares : NIL Any other entitlement : NIL
The financial results of the Company are as follows:
|
Half year ended |
Quarter ended |
|||
|
December 31 |
December 31, |
December 31, |
December 31, |
|
|
2012 |
2011 |
2012 |
2011 |
|
|
(Rupees in ‘000) |
||||
| Turnover- net |
2,361,453 |
2,323,239 |
1,165,802 |
1,146,607 |
| Cost of sales |
(1,779,572) |
(1,664,977) |
(885,903) |
(816,811) |
|
——— |
——— |
——— |
——— |
|
| Gross profit |
581,881 |
658,262 |
279,899 |
329,796 |
| Distribution costs |
(309,162) |
(336,266) |
(155,557) |
(165,553) |
| Administrative expenses |
(46,533) |
(36,470) |
(24,154) |
(18,090) |
|
——— |
——— |
——— |
——— |
|
|
(355,695) |
(372,736) |
(179,711) |
(183,643) |
|
| Other operating income |
1,133 |
4,120 |
237 |
477 |
|
——— |
——— |
——— |
——— |
|
| Operating profit |
227,319 |
289,646 |
100,425 |
146,630 |
| Finance costs |
(168,332) |
(197,841) |
(82,079) |
(97,775) |
| Other charges |
(7,841) |
(9,774) |
(3,291) |
(5,093) |
|
——— |
——— |
——— |
——— |
|
| Profit before taxation |
51,146 |
82,031 |
15,055 |
43,762 |
| Taxation | ||||
| – Current |
(12,461) |
(23,251) |
(6,141) |
(9,865) |
| – Deferred |
(6,272) |
(23,896) |
178 |
(9,852) |
|
——— |
——— |
——— |
——— |
|
|
(18,733) |
(47,147) |
(5,963) |
(19,717) |
|
|
——— |
——— |
——— |
——— |
|
| Profit after taxation |
32,413 |
34,884 |
9,092 |
24,045 |
|
——— |
——— |
——— |
——— |
|
|
(Rupees) |
||||
| Earnings per share-basic and diluted |
0.22 |
0.24 |
0.06 |
0.17 |
For more information, contact:
Aziz Ahmed
Company Secretary
Shabbir Tiles and Ceramics Limited
15th Milestone, National Highway,
Landhi, Karachi – 75120, Pakistan.
Tel: + (9221) 35015024-25/35014044-45
Fax #: + (9221) 35015545
E-mail: info@stile.com.pk
URL: http://www.stile.com.pk