AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: We have to inform you that the Board of Directors of our company in their Meeting held at 11:00 a.m. on Monday, February 27, 2012 recommended no Cash Dividend Bonus or Right Issue of the Shares.
The financial results of the Company are as follows:
|
(Rupees in Thousands) |
||||
|
Half Year Ended |
Quarter Ended |
|||
|
Jul – Dec |
Jul – Dec |
Oct – Dec |
Oct – Dec |
|
|
2011 |
2010 |
2011 |
2010 |
|
| Sales -Net | 768,524 | 881,820 | 413,135 | 464,946 |
| Cost of sales | 738,613 | 780,266 | 390,017 | 415,622 |
| ——– | ——– | ——– | ——— | |
| Gross Profit | 29,911 | 101,554 | 23,118 | 49,324 |
| Operating Expenses: | ||||
| Administrative and general | 13,221 | 12,712 | 6,722 | 6,437 |
| Selling and distribution | 172 | 1,555 | 80 | 917 |
| ——– | ——– | ——– | ——— | |
| 13,393 | 14,267 | 6,802 | 7,354 | |
| ——– | ——– | ——– | ——— | |
| Operating Profit | 16,518 | 87,287 | 16,316 | 41,970 |
| Financial charges | 17,418 | 26,151 | 10,182 | 15,038 |
| Other charges | 18 | 4,219 | 18 | 1,859 |
| ——– | ——– | ——– | ——— | |
| (918) | 56,917 | 6,116 | 25,073 | |
| Other income | 1,154 | 18 | 698 | 18 |
| ——– | ——– | ——– | ——— | |
| Profit Before Taxation | 236 | 56,935 | 6,814 | 25,091 |
| Taxation: | ||||
| – Current | 7,723 | 1,273 | 4,153 | (2,940) |
| – Prior | (687) | 50 | (687) | 50 |
| – Deferred | (7,641) | 18,310 | (5,361) | 17,250 |
| ——– | ——– | ——– | ——— | |
| (605) | 19,633 | (1,895) | 14,360 | |
| ——– | ——– | ——– | ——— | |
| Profit After Taxation | 841 | 37,302 | 8,709 | 10,731 |
| ——– | ——– | ——– | ——— | |
| Basic earning per share-Rupees | 0.28 | 12.43 | 2.90 | 3.58 |
We will be sending you 300 copies of printed accounts for distribution amongst the members of the Exchange in due course of time.
For more information, Contact:
Shadab Textile Mills Limited
A-601/A, City Towers 6-K,
Mail Boulevard,
Gulberg-II, Lahore
Fax: 042-357888718
E-mail: shadstm@brain.net.pk