Karachi: We have to inform you that the Board of Directors of our Company in their meeting held today the 25th February, 2012 at 11.00 AM., have not recommended any cash dividend or any other benefit.
The financial results of the company are as under:
Six months Period ended |
Quarter ended |
|||
December |
December |
December |
December |
|
31,2011 |
31,2010 |
31,2011 |
31,2010 |
|
Rupees |
Rupees |
Rupees |
Rupees |
|
Sales- net | 2,117,277,133 | 1,821,154,912 | 986,779,202 | 930,183,490 |
Cost of goods sold | (1,913,418,441) | (1,644,928,808) | (910,069,444) | (863,416,276) |
————- | ————- | ————- | ————- | |
Gross profit | 203,858,892 | 176,226,104 | 76,709,758 | 68,767,214 |
Other operating income | 7,747,328 | 14,178,281 | 3,379,597 | 5,944,791 |
————- | ————- | ————- | ————- | |
211,606,020 | 190,404,385 | 80,089,355 | 72,712,005 | |
Distribution cost | (22,563,287) | (8,249,346) | (13,445,844) | (5,143,591) |
Administrative expenses | (26,363,666) | (22,976,429) | (15,141,383) | (12,547,702) |
Other operating expenses | (6,482,097) | (7,633,054) | (1,331,512) | (2,058,053) |
Finance cost | (68,735,629) | (47,954,101) | (32,204,643) | (24,593,331) |
————- | ————- | ————- | ————- | |
(124,144,679) | (86,812,930) | (62,123,582) | (44,342,677) | |
————- | ————- | ————- | ————- | |
Profit/(loss) before tax | 87,461,341 | 103,591,455 | 17,965,773 | 28,369,328 |
Taxation – net | (31,867,330) | (27,144,575) | (7,543,681) | (1,606,554) |
————- | ————- | ————- | ————- | |
Profit/(loss) after taxation | 55,594,011 | 76,446,880 | 10,421,892 | 26,762,774 |
Other comprehensive income | – | – | – | – |
————- | ————- | ————- | ————- | |
Total Comprehensive Income / (loss) | 55,594,011 | 76,446,880 | 10,421,892 | 26,762,774 |
————- | ————- | ————- | ————- | |
Earnings per share – Basic and diluted | 5.76 | 7.91 | 1.08 | 2.77 |
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:
Shahtaj Textile Limited
19 Dockyard Road, West Wharf,
P.O. Box: 4766, Karachi – 74000, Pakistan
Tel: (92-21) 32313934-8, 32312834, 32310973
Fax: (92-21) 32205723
E-mail: sales@shahtaj.com
Website: www.shahtaj.com