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Karachi, October 24, 2012 (PPI-OT): We have to inform you that the Board of Directors of the Company in its meeting held on October 24, 2012 at 1100 a.m. at Karachi approved unaudited accounts of the Company for the First Quarter ended September 30, 2012.
The financial results of the Company are as follows.
|
For the Quarter Ended |
||
|
September 30, |
||
|
2012 |
2011 |
|
| Net sales |
1,550,672 |
1,288,509 |
| Cast of sales |
(1,401,074) |
1,169,187 |
|
———— |
———— |
|
| Gross Profit |
149,598 |
119,322 |
| Administrative expenses |
(32,725) |
(30,595) |
| Distribution cost |
(47,514) |
(40,806) |
| Other operating expenses |
(8,671) |
(5,597) |
| Other operating income |
18,593 |
6,767 |
|
———— |
———— |
|
| Profit from operations |
79,281 |
49,091 |
| Finance cost |
(73,015) |
(104,260) |
|
———— |
———— |
|
|
6,266 |
(55,310) |
|
| Share of profit/ loss from an associated company |
247 |
(141) |
|
———— |
———— |
|
| Profit before taxation |
6,513 |
(55,310) |
| Taxation |
(4,001) |
19,358 |
|
———— |
———— |
|
| Profit after taxation |
2,512 |
(35,952) |
| Other comprehensive income |
– |
– |
|
———— |
———— |
|
| Total comprehensive Income |
2,512 |
(35,952) |
|
———— |
———— |
|
|
Rupees |
||
| Faming per share – Basic and diluted |
0.04 |
(0.60) |
For more information, contact:
Asif Jameel
Company Secretary
The General Tyre and Rubber Company of Pakistan Limited
H-23/2, Landhi Industrial Trading Estate,
Landhi, Karachi, Pakistan.
Ph: 35080172-81
Fax: 35080171
UAN: 021-487-487
E-mail: headoffice@gentipak.com
Website: www.gwntipack.com