Skip to Content

Tuesday, November 21st, 2017

Fecto Cement Limited’s financial results for the year ended June 30, 2011

Be First!
by September 30, 2011 Financial Results

Karachi: We have to inform you that the Board of Directors of our Company in their meeting held on, September 30, 2011 at 11.30 am at the Registered Office, 35-Darulaman Housing Society, Block 7/8, Shahra-e-Faisal, Karachi has recommended the following:

Cash Dividend/Bonus Shares/Right Shares For the Year Ended June 30, 2011

Financial result of the Company for the year ended June 30, 2011 are as follows:

Profit and Loss Account For the Year ended June 30, 2011

 

(Rupees in thousand)

2011

2010

Sales – net 3,304,272 2,902,684
Cost of sales (2,698,348) (2,749,953)
 ——— ———
Gross Profit 605,924 152,731
——— ———
Administrative expenses 128,492 122,635
Distribution Cost 242,034  252,758
Finance Cost 149,681  83,363
Other Income (13,059)  (14,591)
——— ———
 (507,148)  (444,165)
 ——— ———
98,776  (291,434)
Workers funds  (6,816)
 ——— ———
Profit/ (Loss) before taxation 91,960   (291,434)
Provision for taxation
Current:
For the year  (34,620)  (20,129)
Prior Year  (11,061)  45,614
Deferred 19,154 57,691
——— ———
(26,527)  83,176
 ——— ———
Profit /(Loss) after taxation 65,433  (208,258)
———  ———
 Rupees
Earnings/ (Loss) per share – basic and diluted 1.30  (4.15)

 

The Annual General Meeting of the Company will be held at 12:00 noon on Wednesday October 26, 2011 at the Registered Office, 35-Darulaman Housing Society. Block 7/8, Shahra-e-Faisal, Karachi.

The Share Transfer Books of the Company will be closed from Wednesday October 19, 2011 to Wednesday October 26, 2011 (both days inclusive). Transfers received at the office of our Share Registrar Messrs Technology Trade (Private) Limited, 241- C. Bock 2, P.E.C.H.S., Karachi at the close of business on Tuesday October 18, 2011 will be treated in time for the purpose of above entitlement in the transferees.

For more information, contact:
Abdul Samad
Comapany Secretary
Fecto Cement Limited
Head Office: 35,
Darul Aman housing Society,
Block 7/8,
Shahrah-e-Faisal,
Karachi – 75350,
Pakistan.
Tel: +9221-34530120-2 and 4
Fax: +9221-34530123 and 34546455
Email: cement@cyber.net.pk
Web: www.fectogroup.com

Previous
Next

Leave a Reply