AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, February 25, 2013 (PPI-OT): We have to inform you that the Board of Directors of Sitara Peroxide Limited (SPL) in their meeting held at 4:30 pm. on Friday, February 22, 2013 approved the financial results of the company for the six months ended December 31, 2012.
The financial results are as follows:
|
Six month ended |
Three months ended |
|||
|
December 31, |
December 31, |
December 31, |
December 31, |
|
|
2012 |
2011 |
2012 |
2011 |
|
|
Rupees |
||||
| Sales-net |
534,032,076 |
542,212,796 |
310,782,481 |
268,594,574 |
| Cost of sales |
429,680,710 |
367,851,797 |
225,728,058 |
182,167,821 |
|
———– |
———– |
———– |
———– |
|
| Gross profit |
104,351,366 |
174,360,999 |
85,054,423 |
86,426,753 |
| Other operating income |
914,460 |
– |
914,460 |
– |
|
———– |
———– |
———– |
———– |
|
|
105,265,826 |
174,360,999 |
85,968,883 |
86,426,753 |
|
| Distribution cost |
20,315,529 |
10,892,661 |
13,964,624 |
6,597,081 |
| Administrative expenses |
27,618,434 |
25,224,915 |
14,986,059 |
11,262,233 |
| Other operating expenses |
1,815,027 |
1,445,951 |
995,805 |
1,445,951 |
| Finance cost |
97,845,916 |
128,283,845 |
42,322,292 |
62,952,083 |
|
———– |
———– |
———– |
———– |
|
|
147,594,906 |
165,847,372 |
72,268,780 |
82,257,348 |
|
|
———– |
———– |
———– |
———– |
|
| (Loss)/ profit before taxation |
(42,329,080) |
8,513,627 |
13,700,103 |
4,169,405 |
| Provision for taxation |
2,782,693 |
5,559,619 |
1,597,953 |
2,742,574 |
|
———– |
———– |
———– |
———– |
|
| (Loss)/profit for the period |
(45,111,773) |
2,954,008 |
12,102,150 |
1,426,831 |
|
———– |
———– |
———– |
———– |
|
| (Loss)/ earnings per share- | ||||
| Basic and diluted |
(0.82) |
0.05 |
0.22 |
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