Skip to Content

Cherat Packaging 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 the company in its meeting held on Wednesday, February 8, 2012 at 11:00 p.m. at the Head Office of the Company at Modern Motors House, Beaumont Road, Karachi, has recommended the following:

(i) Cash Dividend            Nil

(ii) Bonus Issue             Nil

(iii) Right Issue            Nil

The financia1 results of the company for the half year ended December 31, 2011 are annexed herewith.

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

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

 

Half year ended

Quarter ended

Note

December 31,

December 31,

December 31,

December 31,

2011

2010

2011

2010

(Rupees ‘000)

Turnover – net1,360,4821,082,403722,475567,532
Cost of sales(1,269,862)(886,606)(673,561)(472,401)
————————-——-
Gross profit90,620195,79748,91495,131
Distribution costs(16,686)(11,794)(8,709)(6,353)
Administrative expenses(11,698)(10,212)(5,846)(5,886)
Other operating expenses(5,413)(16,415)(4,554)(9,585)
————————-——-
(33,697)(38,421)(19,109)(21,824)
Other operating income1,2901,298693656
————————-——-
Operating profit58,213158,67450,49873,963
Finance costs10(48,968)(32,693)(29,563)(10,961)
————————-——-
Profit before taxation9,245125,98193563,002
Taxation
Current11(13,618)(10,836)(6,199)(5,682)
Deferred19,9769,9599,7713,317
————————-——-
6,358(877)3,572(2,365)
————————-——-
Profit after taxation15,603125,1044,50760,637
————————-——-

(Restated)

(Restated)

Earnings per share – basic12Re. 0.91Rs. 8.04Re. 0.26Rs. 3.90

 

The annexed notes from 1 to 15 form an integral part of these condensed interim financial statements.

For more information, Contact:
Cherat Packaging Limited
Modern Motors House, Beaumont Road,
Karachi – 75530, Pakistan
UAN: (92-21) 111-000-009
Tel: (92-21) 36683566-67
Fax: (92-21) 35683425
E-mail: cherat@gfg.com.pk
Web: www.gfg.com.pk

Previous
Next

Leave a Reply