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Karachi, October 2, 2012 (PPI-OT): We have to inform you that the Board of Directors of our company in their meeting held on October 01, 2012 at 3:30 P.M. at Lahore approved the Annual Audited Financial Statements for the Year ended June 30, 2012 and recommended the following:
A final Nil cash Dividend for the year ended June 30, 2012.
The Summarized financial results of the company are as follows:
|
2012 |
2011 |
|
|
June 30 |
June 30 |
|
|
Rupees |
Rupees |
|
| Operating revenue |
4,207,833 |
2,219,875 |
| Gain on sale of securities |
446,393 |
616,018 |
| Gain on re-measurement of investments |
(33,120) |
(234,562) |
|
———- |
———- |
|
|
4,621,106 |
2,601,331 |
|
| Operating and administrative expenses |
(14,766,961) |
(13,825,923) |
| Finance Cost |
(6,111) |
(12,154) |
|
———- |
———- |
|
|
(14,773,012) |
(13,838,077) |
|
|
———- |
———- |
|
| Operating Loss |
(10,151,966) |
(11,236,746) |
| Other operating income |
562,045 |
683,209 |
|
———- |
———- |
|
| Loss before taxation |
(9,589,921) |
(10,553,537) |
| Taxation |
(156,538) |
(83,823) |
|
———- |
———- |
|
| Loss after taxation |
(9,746,459) |
(10,637,360) |
|
———- |
———- |
|
| Loss per share-basic and diluted |
(0.97) |
(1.06) |
The Annual General Meeting of the company will be held at 3:30 PM on October 31, 2012 at the registered office of the Company at Lahore.
The shares transfer books of the company will be closed from October 24, 2012 to October 31, 2012 (both days inclusive).
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