Skip to Content

Artistic Denim Mills Limited’s financial results for the half-year ended December 31, 2011

Be First!

Karachi: We have to inform you that the Board of Directors of our Company in their meeting held at Registered Office on Saturday, February 25, 2012 at 1530 hrs recommended following:

Dividend / Bonus

Nil

The financial results of the Company are enclosed as Annexure ‘A’.

We will be sending you 300 copies of printed accounts for distribution amongst the members. Thank you.

Annexure – A

Condensed Interim Profit and Loss Account for the Half Year Ended December 31, 2011 (Un-Audited)

 

Half-Year Ended

Quarter Ended

December 31,

December 31,

December 31,

December 31,

Note

2011

2010

2011

2010

Rs in ‘000

Rs in ‘000

Net Sales2,437,9632,109,5181,317,1981,250,615
Cost of sales(2,064,160)(1,768,920)(1,118,004)(1,091,339)
————————————
Gross Profit373,803340,598199,194159,276
Distribution costs(28,607)(69,263)(8,822)(36,805)
Administrative expenses(27,833)(27,071)(12,708)(12,620)
Other operating expenses(37,426)(12,779)(28,613)(8,415)
Other operating income1218,36912,4239,4458,786
————————————
(75,497)(96,690)(40,698)(49,054)
—————————        ———
Operating Profit298,306243,908158,496110,222
Finance costs(71,988)(104,832)(31,630)(55,210)
————————————
Profit before Taxation226,318139,076126,85655,012
Taxation(25,251)(21,908)(13,701)(13,069)
————————————
Net Profit for the Period201,067117,168113,16541,943
————————————
Basic and Diluted Earnings

per Share (Rupees)

2.391.391.350.60

 

For more information, Contact:
Artistic Denim Mills Limited
Plot #. 5-9 & 23-26, Sector 16,
Korangi Industrial Area,
Karachi, Pakistan.
Tel: (92-21) 111-236-236
Fax: (92-21) 505 4652
Web: www.admdenjm.com

Previous
Next

Leave a Reply