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Karachi: We have to inform you that the Board of Directors of our company in their meeting held on 27 January 2012 at 11:00 a.m. at Pearl Continental Hotel, Lahore have recommended the following:
Cash Dividend Nil
Bonus Shares Nil
Right Shares Nil
The financial results of the company are as follows:
|
31 December |
31 December |
|
|
2011 |
2010 |
|
|
(Rupees in “000”) |
||
| Revenue – net | 8,001,013 | 7,464,404 |
| Direct cost | (6,012,774) | (6,615,984) |
| ——— | ——— | |
| Gross profit | 1,988,239 | 848,420 |
| Operating cost | (1,460,237) | (1,610,041) |
| ——— | ——— | |
| Operating profit / (loss) | 528,002 | (761,621) |
| Finance cost | (714,654) | (743,413) |
| ——— | ——— | |
| (186,652) | (1,505,034) | |
| Gain on re-measurement of investment property at fair value | – | 1,378 |
| Impairment loss on available for sale financial assets | (26,508) | (65,894) |
| Other operating income | 504,213 | 58,097 |
| Other operating expenses | (190,216) | – |
| ——— | ——— | |
| Profit/ (loss) before taxation | 100,837 | (1,511,453) |
| Taxation | 189,413 | 364,447 |
| ——— | ——— | |
| Profit / (loss) after taxation | 290,250 | (1,147,006) |
| ——— | ——– | |
| Earnings / (loss) per share – basic and diluted (Rupees) | 0.34 | (1.33) |
Annual General Meeting
Board of directors decided to fix the date of Annual General Meeting in the next Board Meeting.
For more information, Contact
WorldCall Telecom Limited
67 A, C- III, Gulberg-III, Lahore.
Tel: (92 42) 5872633-38
Fax: (92 42) 5755231