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B.F. Modaraba’s financial results for the 1st quarter ended September 30, 2011

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Karachi: We have to inform you that the Board of Directors of E.A. Management (Pvt.) Limited, The management company of B.F. Modaraba (BFMOD) in its meeting held on October 28, 2011; has not declared any cash dividend or bonus in respect of B.F. Modaraba for the 1st quarter ended September 30, 2011.

Financial Results (un-audited) are as follows:

 

September

September

2011

2010

Rupees

Operating Incomes  2,517,8274,367,144
Operating expenses (2,060,301)(1,259,151)
 ———— ————
Profit/(Loss) before charging management fee457,526 3,107,993
Provision for management fee (45,753)(310,799)
 ———— ————
Profit/(Loss) before workers welfare fund411,7732,797,194
Workers Welfare Fund0 (55,944)
———— ————
Profit/(Loss) before taxation 411,7732,741,250
Taxation – current(68,620) (175,345)
 ———— ————
Profit / (Loss) after taxation343,1532,565,905
———— ————
Earning per certificate – Basic and Diluted0.05 0.34

 

For more information, contact:
Muhammad Ayub
CFO and Company Secretary
B.F. Modaraba
4th floor, Bank House No. 1,
Habib Square M.A. Jinnah Road,
Karachi-74000, Pakistan.
Tel: (0092-21) 111-786-878,
Fax: (0092-21) 32421010
E-mail: info@bfmodaraba.com.pk

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