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Thursday, December 14th, 2017

Shabbir Tiles and Ceramics Limited’s financial results for the first quarter ended September 30, 2011

Be First!

Karachi: We have to inform you that the Board of Directors of the Company in their meeting held on Thursday, October 27, 2011 at 12:00 noon at house of Habib 2nd Floor, Siddique sons Tower, Shahrah-e-Faisal, Karachi have recommended the following:

Cash Dividend                Nil
Bonus Shares                 Nil
Right Shares                 Nil
Any other entitlement        Nil

The Financial results of the Company are as follows:

 

July to September

2011

2010

(Rupees in `000)

Turnover- net 1,176,632 988,698
Cost of sales (843,166) (748,754)
 ———  ——-
Gross profit  328,466 239,944
Distribution costs  (170,713) (155,348)
Administrative expenses (18,380)  (18,715)
——— ——-
(189,093)  (174,063)
Other operating income 3,643  1,135
———  ——-
Operating Profit 143,016  67,016
Finance costs  (100,066) (135,511)
Other charges  (4,681)  (1,924)
———  ——-
Profit / (loss) before taxation  38,269  (70,419)
Taxation
– Current  (13,386)  (9,699)
– Deferred (14,044) 19,666
  ———  ——-
 (27,430)  9,967
———   ——-
Profit / (loss) after taxation 10,839  (60,452)
———  ——-
  Rupee  Rupee
(Restated)
Earnings / (loss) per share – basic and diluted 0.08  (0.42)

 

For more information, contact:
Aziz Ahmed
Company Secretary
Shabbir Tiles and Ceramics Limited
15th Milestone, National Highway.
Landhi, Karachi – 75120, Pakistan.
Tel: + (9221) 35015024-25
Fax #:  (9221) 35015545
E-mail: info@stile.com.pk

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