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Wednesday, November 22nd, 2017

Blessed Textile Limited’s financial results for the year ended 30th June, 2012

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by September 27, 2011 Financial Results

Karachi: We have to inform you that the Board of Directors of company in their meeting held at 11:00 a.m. on Tuesday, 27th September, 2011 recommended the following:

a. Cash Dividend:

A final cash dividend for the year ended 30th June, 2011@ PKR 7.50 per share i.e. 75%.

b. Financial Results

The financial results of the company for the year ended 30th June 2011 are enclosed at annexure “A”

c. Share Transfer Book Closure

Share Transfer Books of the company will be closed from 24th October 2011 to 31st October 2011 (both days inclusive).

Annexure “A”

Profit and Loss Account for the Year Ended June 30, 2011

 

Year ended

Year ended

June 30,

June 30,

2011

2010

Rupees

Rupees

Sales 6,124,843,644 4,054,211,673
Cost of goods sold 4,964,447,052 3,252,897,240
 ————- ————-
Gross profit 1,160,396,592 801,314,433
Other operating income/ (expenses) 2,399,470 3,384,680
 ————-  ————-
1,162,796,062 804,699,113
————- ————-
Distribution cost 182,059,377 111,394,413
Administrative expenses 57,550,360 53,473,389
Other operating expenses 57,376,754 34,483,715
Finance cost 192,407,120 175,417,844
————- ————-
489,393,611 374,769,361
————-  ————-
Profit before tax 673,402,451 429,929,752
Provision for taxation
Current year 64,239,035 41,239,084
Prior year (441,658) (1,157,080)
Deferred  –  (33,674,963)
 ————- ————-
63,797,377  6,407,041
————- ————-
Profit after tax  609,605,074 423,522,711
 ————- ————-
Earnings per share – basic and diluted 94.78  65.85

 

For more information, contact:
Blessed Textile Limited
Umer House, 23/1, Sector 23, S. M. Farooq Road,
Korangi Industrial Area, Karachi- 74900
Phones: (92-21)5115177-80
Fax: (92-21)5115190

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