AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, October 31, 2012 (PPI-OT): We have to inform you that the Board of Directors of Sitara Peroxide Limited (SPL) in their meeting held at 4:30 p.m. on Tuesday, October 30, 2012 approved the financial results of the company for the first quarter ended September 30, 2012.
The financial results are as follows:
|
Quarter Ended September 30, |
||
|
2012 |
2011 |
|
|
Rupees |
Rupees |
|
| Sales |
223,249,595 |
273,618,222 |
| Cost of sales |
203,952,652 |
185,683,976 |
|
———– |
———– |
|
| Gross profit |
19,296,943 |
87,934,246 |
| Distribution expenses |
6,350,905 |
4,295,580 |
| Administrative expenses |
12,632,375 |
13,962,682 |
| Other operating expenses |
819,222 |
– |
|
———– |
———– |
|
|
19,802,502 |
18,258,262 |
|
|
———– |
———– |
|
| Operating (Loss)/Profit |
(505,559) |
69,676,984 |
| Finance cost |
55,523,624 |
65,331,762 |
|
———– |
———– |
|
| (Loss)/ Profit before taxation |
(56,029,183) |
4,344,222 |
| Provision for taxation |
1,184,740 |
2,617,045 |
|
———– |
———– |
|
| (Loss)/ Profit after taxation for the period |
(57,213,923) |
1,527,177 |
|
———– |
———– |
|
| Earning per share-basic and diluted |
(1.04) |
0.03 |
For more information, contact:
Mazhar Ali Khan
Company Secretary
Sitara Peroxide Limited
601-602, Business Centre,
Mumtaz Hasan Road. Karachi – Pakistan
Tel: (021) 3241-3944, 3242-0620
Fax: (92-21) 3241-5452
E-mail: sales@sitaraperoxide.com
Website: www.sitaraperoxide.com