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Karachi: We have to inform you that the Board of Directors of our company in their meeting held at 406-Commerce Centre, Hasrat Mohani Road, Karachi, at 3.00 p.m. on Wednesday the 29th February, 2012 recommended the following:
Cash Dividend Nil
Bonus Issue Nil
Right Shares Nil
Any Other Entitlement Nil
Profit and Loss Account is attached.
Since the board has made no announcement, therefore share transfer hooks of the company will not be closed.
We will be sending you 300 copies of printed accounts for distribution amongst the members of the Exchange.
Taha Spinning Mills Limited
Condensed interim Profit and Loss Account
Half year ended December 31, 2011
| Half year ended | Quarter ended | |||
| December 31, | December 31 | December 31, | December 31 | |
| 2011 | 2010 | 2011 | 2010 | |
| Rupees | Rupees | Rupees | Rupees | |
| Salts – Net | – | – | – | – |
| Cost of sale | – | – | – | – |
| ———— | ———— | ———— | ———— | |
| Gross profit | – | – | – | – |
| Administrative expenses | (1,097,357) | (1,105,394) | (809,482) | 286,625 |
| Finance cost | (1,316) | (2,642,028) | (716) | (1,259,204) |
| ———— | ———— | ———— | ———— | |
| Loss before taxation | (1,098,673) | (3,747,422) | (810,198) | (972,579) |
| Taxation | – | – | – | – |
| ———— | ———— | ———— | ———— | |
| Loss for the period | (1,098,673) | (3,747,422) | (810,198) | (972,579) |
| ———— | ———— | ———— | ———— | |
| Earnings per share (Basic and diluted) | (0.27) | (0.93) | (0.20) | (0.24) |
The annexed notes form an integral part of these financial statements.
For more information, Contact:
Taha Spinning Mills Limited
406 Commerce Centre,
Hasrat Mohani Road,
Karachi, Pakistan
Tel: 32638521-4
Fax: 32639843
E-mail: tsml@hmiml.com