Indus Dyeing and Manufacturing Company Limited’s financial results for the year ended June 30, 2011
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 a.m. at its registered office Karachi recommended the following:
A final cash dividend of Rs. 10 per share (100%) and also the interim cash dividend of Rs. 5/= per share (50 %) declare on 16th March 2011, making a total cash dividend of Rs.15 per share of the year ended 30-06-2011atRs.15.00 per share i.e. 150%.
The financial results of the Company are as follows:
The Annual General Meeting of the Company will be held on October 31, 2011 at 5:00 p.m. at Plot No. 3 and 7 Sector 25, Korangi Industrial Area, Karachi.
The above entitlement will be paid to the Shareholder’s whose names will appear in the Register of Members on 21-10-2011.
The share transfer Book of the company will be closed form 22-10-2011 to 29-104011 (both days inclusive). Transfer received at the complete address of share department at the close of business on 21-10-2011 will be treated in time for the purpose of above entitlement to the transferees.
Profit and Loss Account for the Year Ended June 30, 2011
Rupees in ‘000
|Cost of goods sold||27||(15,355,860)||(8,372,140)|
|Other operating income||28||93,193||45,258|
|Other operating expenses||31||(114,152)||(143,440)|
|Share of profit from|
|Joint venture – net of tax||15.1||48,521||289,920|
|Associate – net of tax||15.2||57,865||82,920|
|Profit before taxation||2,275,269||1,996,637|
|Profit for the year||2,131,259||1,858,465|
|Earnings per share – basic and diluted||34||117.92||102.83|
The annexed notes from 1 to 45 form an integral part of these financial statements.
For more information, contact:
Ahmed Faheem Niazi
Indus Dyeing and Manufacturing Company Limited
5th Floor Office No.508,
Beaumont Plaza, Beaumont Road,
Civil Lines Quarters, Karachi, Pakistan.
Tel: # (92-21) 111-404-404
Fax: # (92-21) 5693593