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Karachi, February 27, 2013 (PPI-OT): We have to inform you that the Board of Directors of our company in their meeting held on February 26, 2013 at 4:00 P.M at Lahore approved the Half Yearly Financial Statements for the period ended December 31, 2012.
The financial results of the company are as follows:-
|
Half Year Ended |
Quarter Ended |
|||
|
December |
December |
December |
December |
|
|
2012 |
2011 |
2012 |
2011 |
|
|
Rupees |
Rupees |
Rupees |
Rupees |
|
| Operating Revenue |
1,892,107 |
902,502 |
1,058,485 |
540,507 |
| Gain on sale of Investments-net |
323,475 |
234,853 |
190,857 |
102,553 |
| Unrealized loss on re-measurement | ||||
| impairment of investments |
(3,740,544) |
(422,562) |
(3,657,932) |
(377,062) |
|
——— |
——— |
——— |
——— |
|
|
(1,524,962) |
714,793 |
(2,408,590) |
265,998 |
|
| Operating and administrative expenses |
(3,928,282) |
(8,158,916) |
(2,071,149) |
(6,502,372) |
| Finance Cost |
(4,600) |
(3,182) |
(2,150) |
(1,072) |
|
——— |
——— |
——— |
——— |
|
|
(3,932,882) |
(8,162,098) |
(2,073,299) |
(6,503,444) |
|
|
——— |
——— |
——— |
——— |
|
| Operating Loss |
(5,457,844) |
(7,447,305) |
(4,481,889) |
(6,237,446) |
| Other operating income |
430,486 |
224,387 |
260,285 |
129,614 |
|
——— |
——— |
——— |
——— |
|
| Loss before taxation |
(5,027,358) |
(7,222,918) |
(4,221,604) |
(6,107,832) |
| Taxation |
(75,000) |
(40,285) |
(30,000) |
(20,285) |
|
——— |
——— |
——— |
——— |
|
| Loss after taxation |
(5,102,358) |
(7,263,203) |
(4,251,604) |
(6,128,117) |
|
——— |
——— |
——— |
——— |
|
| Loss per share-basic and diluted |
(0.51) |
(0.73) |
(0.43) |
(0.61) |
For more information, contact:
Nadia Haider
Company Secretary
Trust Securities and Brokerage Limited
3rd floor, Associated House,
Building # 1 and 2, 7 Kashmir Road,
Lahore-54000 (Pakistan)
Telephone: (92-42) 3637 3041-43
Fax: (92-42) 3637 3040
Website: www.trustsecu.com
Email: info@trustsecue.com