AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: We have to inform you that the Board of Directors of the Company in their meeting held on August 4, 2011 at 14:00 hours approved the financial results of the Company which are as follows:
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Nine months |
Nine months |
Three months |
Three months |
|
|
Period ended |
Period ended |
Period ended |
Period ended |
|
|
June 30, |
June 30, |
June 30, |
June 30, |
|
|
2011 |
2010 |
2011 |
2010 |
|
|
(Rupees in ‘000) |
||||
| Net sales and services | 10,435,191 | 20,821,444 | 3,250,392 | 6,544,573 |
| Cost of sales and services | (8,991,561) | (18,257,624) | (2,930,661) | (5,697,203) |
| ———– | ———– | ———– | ———– | |
| Gross profit | 1,443,630 | 2,563,820 | 319,731 | 847,370 |
| Commission and allowances earned | 41,139 | 40,213 | 18,569 | 10,801 |
| ———– | ———– | ———– | ———– | |
| 1,484,789 | 2,604,033 | 338,300 | 858,171 | |
| Marketing and selling expenses | (822,313) | (924,351) | (318,489) | (421,620) |
| General administration expenses | (278,675) | (415,567) | (99,430) | (119,131) |
| Other operating income | 43,500 | 25,357 | 40,422 | 5,316 |
| ———– | ———– | ———– | ———– | |
| (1,055,488) | (1,314,561) | (377,497) | (535,435) | |
| ———– | ———– | ———– | ———– | |
| Operating profit/ (loss) | 429,281 | 1,289,472 | (39,197) | 322,736 |
| Financial income | 47,457 | 19,891 | 12,040 | (7,864) |
| Financial expenses | (187,179) | (225,153) | (29,526) | (51,573) |
| ———– | ———– | ———– | ———– | |
| Net finance costs | (139,722) | (205,262) | (17,486) | (59,437) |
| ———– | ———– | ———– | ———– | |
| Profit / (loss) before tax | 289,559 | 1,084,210 | (56,683) | (263,299) |
| Income tax | (156,801) | (390,210) | (25,062) | (94,912) |
| ———– | ———– | ———– | ———– | |
| Net profit / (loss) for the period | 132,758 | 694,000 | (81,745) | (168,387) |
| Basic and diluted earnings/ (loss) | ||||
| per share (Rupees) | 16.10 | 84.15 | (8.91) | 20.42 |
For more information, contact:
Siemens (Pakistan) Engineering Company Limited
B-72, Estate Avenue, SITE,
P.O. Box. No 7158,
Karachi – 75700
Tel: 92(21) 3256 6212
Fax: 92(21) 3256 6803
Email: mohammad.rafi@siemens.com
Web: www.siemens.com