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Asim Textile Mills Limited’s financial results for the 1st quarter ended 30.09.2011

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Karachi: We have to inform you that the Board of Directors of our company in their meeting held on 27th October, 2011 at 9.30 A.M approved the following financial results:


Quarter Ended


(Rupees in thousands)

Sales – net218,538 251,050
Cost of sales(228,128)(232,621)
Operating Expenses
Distribution costs0(233)
Administrative expenses(2,965)(2,930)
Finance costs(10)(27)
Other operating income2,275502
(Loss) /profit before taxation(10,290)15,741
Taxation (1,314) (1,541)
Net (Loss) / Profit for the period after taxation (11,604)14,200
Earnings per share – Basic (Rupees per share) (0.76) (0.94)


For more information, contact:
Asim Textile Mills Limited
Mills: 32 K. M., Faisalabad,
Sheikhupura Road,
Tel: 041-4689336, 4689690-2
Fax: 041-4689693


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