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Karachi: We have to inform you that the Board of Directors of the Company in their meeting held on Thursday, April 26, 2012 at 4:00 p.m. at house of Habib 2nd Floor, Siddiquesons Tower, Shahrah-e-Faisal, Karachi have 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:
|
Nine months period ended |
Quarter ended |
|||
|
March 31, |
March 31, |
March 31, |
March 31, |
|
|
2012 |
2011 |
2012 |
2011 |
|
|
(Rupees in ‘000) |
||||
| Turnover- net |
3,393,701 |
3,232,345 |
1,070,462 |
1,161,573 |
| Cost of sales |
(2,453,296) |
(2,419,368) |
(788,319) |
(870,242) |
|
——— |
——— |
——— |
——— |
|
| Gross profit |
940,405 |
812,977 |
282,143 |
291,331 |
| Distribution costs |
(492,893) |
(415,051) |
(156,627) |
(123,385) |
| Administrative expenses |
(52,119) |
(59,055) |
(15,649) |
(22,273) |
|
——— |
——— |
——— |
——— |
|
|
(545,012) |
(474,106) |
(172,276) |
(145,658) |
|
| Other operating income |
7,341 |
2,586 |
3,221 |
700 |
|
——— |
——— |
——— |
——— |
|
| Operating profit |
402,734 |
341,456 |
113,088 |
146,373 |
| Finance costs |
(288,637) |
(342,670) |
(90,796) |
(117,472) |
| Other Charges |
(12,900) |
(3,700) |
(3,126) |
(876) |
|
——— |
——— |
——— |
——— |
|
| Profit / (loss) before taxation |
(101,197) |
(4,914) |
19,166 |
(28,025) |
| Taxation | ||||
| – Current |
(32,295) |
(32,169) |
(9,044) |
(11,686) |
| – Deferred |
(33,914) |
16,424 |
(10,018) |
(9,454) |
|
——— |
——— |
——— |
——— |
|
|
(66,209) |
(15,745) |
(19,062) |
(21,140) |
|
|
——— |
——— |
——— |
——— |
|
|
(Rupees) |
||||
| Earnings / (loss) per share- basic | ||||
| and diluted |
0.24 |
(0.25) |
0.00 |
(0.08) |
We will be sending requisite copies of published unaudited accounts for distribution amongst the members of the Exchange in due course of time.
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