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Karachi: The Board of Directors of Tri-Pack Films Limited (TRIPF) in their Meeting held at 11.30 A.M. at Lahore gave their permission for the release and placing on the Company’s website (http://www.tripack.com.pk/Finance.htm) the unaudited condensed interim financial information in respect of the above captioned period.
The financial results of the Company are as follows:
|
Quarter Ended |
Nine Months Ended |
|||
|
September |
September |
September |
September |
|
|
30, 2011 |
30, 2010 |
30, 2011 |
30, 2010 |
|
|
(Rupees in thousand) |
(Rupees in thousand) |
|||
| Sales | 3,004,760 | 2,403,931 | 9,081,384 | 6,612,160 |
| Less: sales tax | 523,955 | 438,690 | 1,667,931 | 1,166,235 |
| ——— | ——— | ——— | ——— | |
| Net sales | 2,480,805 | 1,965,241 | 7,413,453 | 5,445,925 |
| Cost of sales | 2,046,206 | 1,653,198 | 6,063,355 | 4,621,580 |
| ——— | ——— | ——— | ——— | |
| Gross profit | 434,599 | 312,043 | 1,350,098 | 824,345 |
| ——— | ——— | ——— | ——— | |
| Distribution expenses | 52,224 | 37,565 | 154,222 | 105,963 |
| Administrative expenses | 40,254 | 29,316 | 114,936 | 81,483 |
| ——— | ——— | ——— | ——— | |
| 92,478 | 66,881 | 269,158 | 187,446 | |
| ——— | ——— | ——— | ——— | |
| Operating profit | 342,121 | 245,162 | 1,080,940 | 636,899 |
| Other income | 9,840 | 6,094 | 26,545 | 21,778 |
| ——— | ——— | ——— | ——— | |
| 351,961 | 251,256 | 1,107,485 | 658,677 | |
| ——— | ——— | ——— | ——— | |
| Finance cost | 26,939 | 54,273 | 93,654 | 162,629 |
| Other expenses | 23,134 | 13,731 | 90,723 | 34,879 |
| ——— | ——— | ——— | ——— | |
| 50,073 | 68,004 | 184,377 | 197,508 | |
| ——— | ——— | ——— | ——— | |
| Profit before taxation | 301,888 | 183,252 | 932,108 | 461,169 |
| Taxation | ||||
| – Current | 111,762 | 73,347 | 364,121 | 183,846 |
| – Deferred | (9,914) | (11,449) | (30,165) | (31,068) |
| ——— | ——— | ——— | ——— | |
| 101,848 | 61,898 | 333,956 | 152,778 | |
| ——— | ——— | ——— | ——— | |
| Profit after taxation | 200,040 | 121,354 | 589,152 | 308,391 |
| ——— | ——— | ——— | ——— | |
| Earnings per share – basic and diluted (Rupees) | 6.67 | 4.05 | 19.64 | 10.18 |
Three hundred copies of the unaudited condensed interim financial information will be sent to you shortly for distribution amongst the Members of the Exchange. Additionally, the quarterly financial results shall also be e-mailed to the Exchange by this evening at aqfs@kse.com.pk in Portable Document Format (PDF) to enable the Exchange to place the same on its website.
For more information, contact:
Adi J. Cawasji
Company Secretary
Tri-Pack Films Limited
Plot No. G-1 to G-4,
North Western Industrial Zone,
Port Qasim Authority, Karachi.
Tel: (021) 34720244,
Fax: (021) 34720239-46