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Karachi, July 25, 2013 (PPI-OT): We have to inform you that the Board of Directors of our Company held their meeting on Wednesday 24th July, 2013 at 10.30 a.m. at the Lahore Office 2D/1, Gulberg III, Lahore, approved the Financial Results of the Company for the 3rd Quarter ended 30-06-2013.
The Financial Results of the Company are as follows:
Period ended Quarter ended
30 June 2013 30 June 2012 30 June 2013 30 June 2012
Rupees Rupees Rupees Rupees
Sales-Net 6,341,763,917 5,515,815,900 3,251,904,376 2,167,441,291
Cost of sales (5,533,454,776) (5,018,900,540) (2,935,148,735) (1,847,722,059)
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Gross profit 808,309,141 496,915,360 316,755,641 319,719,232
Operating expenses
Distribution and selling expenses (78,821,767) (41,836,470) (33,862,247) (14,505,753)
Administrative expenses (157,755,253) (113,430,357) (54,740,784) (32,531,503)
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(236,577,020) (161,466,827) (88,603,031) (47,037,256)
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Operating profit 571,732,121 335,448,533 228,152,610 272,681,976
Other operating income 8,650,726 22,867,896 6,691,342 19,378,882
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580,382,847 358,316,429 234,843,952 292,060,858
Finance cost (282,578,729) (244,410,495) (130,024,634) (100,455,771)
Other expenses (20,437,538) (5,695,297) (7,193,483) (5,695,297)
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(303,016,267) (250,105,792) (137,218,117) (106,151,068)
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Profit/ (loss) before taxation 277,366,580 108,210,637 97,625,835 185,909,790
Taxation (94,304,637) (55,158,159) (31,395,376) (21,674,413)
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Profit/ (loss) after taxation 183,061,943 53,052,478 66,230,459 164,235,377
Other comprehensive income - - - -
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Total comprehensive income/(loss) for the -
period 183,061,943 53,052,478 66,230,459 164,235,377
------------- ------------- ------------- -------------
Earnings/ (Loss) per Share-Basic
and Diluted 12.19 3.53 4.41 10.93
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We will be sending you 300 printed copies of accounts for distribution amongst the members of the Exchange.
For more information, contact:
Wasif Mahmood
Company Secretary
The Thal Industries Corporation Limited
23-Pir Khurshid Colony,
Multan, Pakistan.
Phone: 061-6524675, 6524621
Fax: 061-6524676