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Friday, December 15th, 2017

Mustehkam Cement Limited’s financial results for the year ended June 30, 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 at 10:30 A.M. on Friday, September 30, 2011, at Bestway Building, 19-A, College Road( F-7 Markaz, Islamabad, approved the Accounts for the above period Copy of the financial results of the Company is enclosed.

Profit and Loss Account for the Year Ended 30 June 2011

 

2011

2010

Note

Rupees

Rupees

Turnover- net 18 3,179,896,811 1,462,411,953
Cost of sales 19 3,159,361,986 1,532,603,420
————- ————-
Gross profit / (loss) 632,534,825 (70,191,467)
Administrative expenses 20 19,018,595 57,854,763
Distribution cost 21 12,863,958 11,944,800
Finance cost 22 786,608,469 350,690,012
Other operating income 23 (20,293,055) (471,573)
 ————-  ————-
 798,197,967 420,018,002
————- ————-
Loss before taxation  (165,663,142) (490,209,469)
Taxation 24 92,826,077 226,526,536
 ————- ————-
 (72,837,065) (263,682,933)
 ————- ————-
 Restated
Loss per share – basic and diluted  28  (2.12)  (8.12)

 

The annexed notes 1 to 30 form an integral part of these financial statements.

For more information, contact:
Mustehkam Cement Limited
Bestway Building, 19-A,
F-7 Markaz, Islamabad
Tel: 051 265 4856-63
Fax: 051 265 4865

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