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Wednesday, May 23rd, 2018

Gadoon Textile Mills Limited’s financial results for first quarter ended September 30, 2012

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Karachi: We have to inform you that the Board of Directors of our Company in their meeting held on October 28, 2011 recommended the following:

(i) Cash Dividend               Nil
(ii) Bonus Shares               Nil
(iii) Right Shares              Nil
(iv) Any Other Entitlement      Nil

The financial results of the Company are annexed.

Profit and Loss Account (Un-Audited) for the First Quarter Ended September 30, 2011

 

For the Quarter

For the Quarter

Ended

Ended

30-09-2011

30-09-2010

Rupees in `000′

Sales-net  3,166,438 3,142,381
Cost of sales 3,104,084 2,473,172
 ——— ———
Gross profit  62,354 669,209
Other operating income 28,157 15,208
 ———  ———
90,511 684,417
Selling and distribution cost  57,497 79,324
Administrative expenses  22,217  15,887
Other operating expenses  48,892 56,504
 ———  ———
 128,606 151,715
 ——— ———
(Loss)/profit from operation  (38,095)  532,702
Finance cost  84,424 (4,122)
 ———  ———
(Loss)/profit before taxation  (122,519) 536,824
Taxation
Current  –
Deferred (918)  (6,480)
  ———  ———
 (918)  (6,480)
———   ———
Net (loss)/profit after tax  (121,601) 543,304
(Loss)/ earnings per share- before tax (Rupees)  (5.23) 22.90
After tax (Rupees)   (5.19)  23.18

 

For more information, contact:
Gadoon Textile Mills Limited
6-A Muhammad Ali Housing Society,
Abdul Aziz Haji Hashim Tabba Street,
Karachi- 75350, Pakistan
Tel: (92-21) 34397701-03
Fax: (92-21) 34382436
E-mail: secretary@gadoontextile.com
Web: www.gadoontextile.com

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