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Tuesday, November 21st, 2017

Shahtaj Textile Mills Limited’s financial results for the year ended 30th June 2011

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by September 30, 2011 Financial Results

Karachi: We have to inform you that the Board of Directors of our Company in their meeting held today the 30th September, 2011 at 11:00 A.M. have recommended a cash dividend @ 60% i.e. Rs.6.00 per share.

The financial results of the company are as under:

 

2011

2010

Rupees

Rupees

Sales – Net 4,039,700,858 2,829,255,818
Cost of goods sold (3,596,324,238) (2,495,480,030)
 ————– ————–
Gross profit  443,376,620 333,745,788
Other Operating income 24,180,531 20,111,052
 ————– ————–
467,557,151 353,856,840
Distribution Cost (26,460,465) (16,508,826)
Administrative expenses (79,196,206) (42,565,359)
Others Operating expenses  (17,378,254)  (79,624,219)
Financial Cost (110,041,730) (81,830,770)
 ————– ————–
 (233,076,655)  (220,529,174)
————–  ————–
Profit before Taxation 234,480,496 133,327,666
Taxation (29,746,127)  (25,532,286)
 ————–  ————–
Profit for the year 204,734,369 107,795,380
Other comprehensive income for the year  –
————–  ————–
Total Comprehensive income for the year 204,734,369 107,795,380
 ————–  ————–
Earnings per share- basic and diluted (Rupees) 21.19  11.16

 

For more information, contact:
Shahnawaz Bldg.19-Dockyard
Road West Wharf
Karachi – 74000
Pakistan
Tel: 2312834, 2313934
Fax: 2310623
Email: jabutt@shahtajtextiles.com

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