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Thursday, June 21st, 2018

PPI Original Text (PPI-OT) – The Thal Industries Corporation Limited’s financial results for the half year/2nd quarter ended 31-03-2012.

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Karachi, May 24, 2012 (PPI-OT): We have to inform you that the Board of Directors of our Company in their meeting held on Thursday the 24th May, 2012 at 10:30 a.m. at the Registered Office, 23-Pir Khurshid Colony, Gulgasht, Multan, approved the Financial Results of the Company for the half year/ 2nd Quarter ended 31-03-2012.

The financial results of the Company are as follows:

Half year ended

Quarter ended

31 March 2012

31 March 2011

31 March 2012

31 March 2011

Rupees

Rupees

Rupees

Rupees

Sales – Net

3,348,374,609

2,567,753,159

2,043,377,808

1,622,212,766

Cost of sales

(3,171,178,481)

(2,058,698,404)

(1,903,989,944)

(1,361,917,207)

————-

————-

————-

————-

Gross profit

177,196,128

509,054,755

139,387,864

260,195,559

Operating expenses
Distribution and selling expenses

(33,330,717)

(22,459,971)

(26,784,114)

(15,743,597)

Administrative expenses

(81,098,854)

(76,804,395)

(43,839,434)

(40,409,592)

————-

————-

————-

————-

(114,429,571)

(99,264,366)

(70,623,548)

(57,153,189)

————-

————-

————-

————-

Operating profit

62,766,557

409,790,389

68,764,316

203,042,370

Other operating income

3,489,014

7,913,776

1,277,861

4,432,448

————-

————-

————-

————-

66,255,571

417,704,165

70,042,177

207,474,818

Finance cost

(143,954,724)

(195,918,313)

(83,737,895)

(159,653,898)

Other expenses

(11,089,293)

(2,391,046)

————-

————-

————-

————-

(143,954,724)

(207,007,606)

(83,737,895)

(162,044,944)

————-

————-

————-

————-

(Loss)/ Profit before taxation

(77,699,153)

210,696,559

(13,695,718)

45,429,874

Taxation

(33,483,746)

(73,743,796)

(20,433,778)

(15,900,456)

————-

————-

————-

————-

(Loss)/ Profit after taxation

(111,182,899)

136,952,763

(34,129,496)

29,529,418

Other comprehensive income

————-

————-

————-

————-

Total comprehensive (loss)
/income for the period

(111,182,899)

136,952,763

(34,129,496)

29,529,418

————-

————-

————-

————-

(Loss)/ Earnings per Share-Basic
and Diluted

(7.40)

9.12

(2.27)

1.97

For more information, Contact:
Wasif Mahmood
Company Secretary
The Thal Industries Corporation Limited
23-Pir Khurshid Colony,
Multan, Pakistan.
Phone: 061-6524675, 6524621
Fax: 061-6524676

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