AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: We have to inform you that the Board of Directors of our Company in their Meeting held at 1:00 noon on Monday, April 30, 2012 has recommended no cash dividend, bonus or right issue of the shares for the 3rd quarter ended March 31, 2012. The financial results of the Company during this period are as follows:
|
Period ended |
Quarter ended |
|||
|
31-Mar-12 |
31-Mar-11 |
31 -Mar-12 |
31-Mar-11 |
|
|
(Un-audited) |
(Un-audited) |
(Un-audited) |
(Un-audited) |
|
|
(Rupees) |
(Rupees) |
(Rupees) |
(Rupees) |
|
| Sales -Net |
1,790,233,108 |
2,896,531,370 |
570,835,147 |
1,053,019,845 |
| Cost of Sales |
(1,708,880,386) |
(2,601,603,202) |
(501,825,007) |
(950,824,545) |
|
————- |
————- |
———– |
————- |
|
| Gross Profit |
81,352,722 |
294,928,168 |
69,010,140 |
102,195,300 |
| Operating Expenses: | ||||
| – Distribution Costs |
(59,206,118) |
(72,910,390) |
(14,933,912) |
(25,240,041) |
| – Administrative Expenses |
(46,554,346) |
(47,745,770) |
(14,955,015) |
(16,075,936) |
|
————- |
————- |
———– |
————- |
|
|
(105,760,464) |
(120,656,160) |
(29,888,927) |
(41,315,977) |
|
|
————- |
————- |
———– |
————- |
|
| Operating (Loss) / Profit |
(24,407,742) |
174,272,008 |
39,121,213 |
60,879,323 |
| Finance Costs |
(85,155,381) |
(73,563,412) |
(27,872,678) |
(23,815,712) |
| Other Operating Expenses |
(14,527,213) |
(8,499,032) |
(1,083,830) |
(4,179,833) |
| Other Income |
1,211,576 |
6,882,944 |
801,373 |
3,412,271 |
|
————- |
————- |
———– |
————- |
|
| (Loss)/ Profit before taxation |
(122,878,760) |
99,092,508 |
10,966,078 |
36,296,049 |
| Provision for taxation |
(17,904,784) |
(30,986,232) |
(5,708,352) |
(10,756,492) |
|
————- |
————- |
———– |
————- |
|
| (Loss)/ Profit after Taxation |
(140,783,544) |
68,106,276 |
5,257,726 |
25,539,557 |
|
————- |
————- |
———– |
————- |
|
| (Loss)/ Earning per Share – basic and diluted |
(3.52) |
1.70 |
0.13 |
0.64 |
For more information, Contact:
Muhammad Jahangir Khan
Corporate Secretary
Yousaf Weaving Mills Limited
7/1- E-3, Main Boulevard,
Gulberg III, Lahore, Pakistan
Tel: +92 42 35757108 & 35717510-17
Fax: +92 42 35764036, 35764043 & 35757105
E-mail: Yousaf@chawkwalgroup.com.pk
Web: www.yousafweaving.com