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Karachi: We are pleased to inform you that the Board of Directors of the company in their meeting held On April 24, 2012 at 4:30 p.m.at Sitara Tower, New Civil Lines, Faisalabad, has approved the financial results for the nine months ended March 31, 2012.
The financial results are enclosed herewith.
Condensed Interim Profit and Loss Account (Un-Audited) for the Nine Months Ended March 31, 2012
|
Nine Months ended |
Quarter ended |
|||
|
March 31, |
March 31, |
March 31, |
March 31, |
|
|
2012 |
2011 |
2012 |
2011 |
|
|
Rupees |
||||
| Sales – net |
734,804,728 |
930,338,036 |
192,591,932 |
328,867,068 |
| Cost of sales |
558,891,013 |
554,787,595 |
191,039,216 |
177,480,496 |
|
———– |
———– |
———– |
———– |
|
| Gross profit |
175,913,715 |
375,550,441 |
1,552,716 |
151,386,572 |
| Other operating income |
1,403,010 |
204,877 |
1,403,010 |
– |
|
———– |
———– |
———– |
———– |
|
|
177,316,725 |
375,755,318 |
2,955,726 |
151,386,572 |
|
| Distribution expenses |
15,929,149 |
12,893,260 |
5,036,488 |
5,529,712 |
| Administrative expenses |
37,298,153 |
32,139,690 |
12,073,238 |
10,815,391 |
| Other operating expenses |
82,004 |
123,926 |
– |
40,861 |
| Finance cost |
189,780,568 |
186,923,524 |
60,132,776 |
61,578,824 |
|
———– |
———– |
———– |
———– |
|
|
243,089,874 |
232,080,400 |
77,242,502 |
77,964,788 |
|
|
———– |
———– |
———– |
———– |
|
| (Loss) /profit before taxation |
(65,773,149) |
143,674,918 |
(74,286,776) |
73,421,784 |
| Provision for taxation |
(7,577,970) |
(9,433,701) |
(2,018,351) |
(3,319,400) |
|
———– |
———– |
———– |
———– |
|
| (Loss / profit for the period |
(73,351,119) |
134,241,217 |
(76,305,127) |
70,102,384 |
|
———– |
———– |
———– |
———– |
|
| (Loss) / Earning per share – basic and diluted |
(1.33) |
2.44 |
(1.38) |
1.27 |
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