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Haji Muhammad Ismail Mills Limited’s financial results for the half year ended 31-12-2011

Be First!

Karachi: We have to inform you that the Board of Directors of our company in their meeting held at 408 Commerce Centre, Hasrat Mohani Road, Karachi, at 4:00 p.m. on Wednesday the 29th February,20 12 recommended the following.

Cash Dividend                  Nil

Bonus Issue                    Nil

Right Shares                   Nil

Any Other Entitlement          Nil

Profit and Loss Account Attached.

Since no announcement has been made by the board, therefore share transfer books of the company will not be closed.

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

Haji Mohammad Ismail Mills Limited

Condensed Interim Profit and Loss Account (Un-audited)

for the half year ended December 31, 2011

 

Half year endedQuarter ended
December 31,December 31,December, 31December, 31
2011201020112010
  NotesRupeesRupeesRupeesRupees
RestatedRestated
Sales Net712,017,28714,621,4515,393,6306,988,005
Cost of sales(14,628,114)(17,681,926)(8,291,372)(9,300,803)
————-————-————-————-
Gross (loss)(2,610,827)(3,060,475)(2,897,742)(2,312,798)
Operating Expenses
Administrative expenses(1,152,618)(821,523)(734,170)(408,725)
Other operating expenses –41,076
————-————-————-————-
(1,152,618)(821,523)(734,170)(367,649)
Other operating income41,202128,20135,325
————-————-————-————-
Operating loss(3,722,243)(3,753,797)(3,596,587)(2,680,447)
Finance cost(2,229,422)(2,041,702)(1,108,450)(995,160)
————-————-————-————-
Loss before Taxation(5,951,665)(5,795,499)(4,705,037)(3,675,607)
Taxation(251,773)52,000158,096181,931
————-————-————-————-
Net loss after taxation(6,203,438)(5,743,499)(4,546,941)(3,493,676)
————-————-————-————-
Earnings per share-basic and diluted 8(0.52)(0.48)(0.38)(0.29)

 

The annexed notes form an integral part of these financial statements.

For more information, Contact:
Haji Muhammad Ismail Mills Limited
408 Commerce Centre,
Hasrat Mohani Road,
Karachi, Pakistan
Tel: 3263S521-4
Fax: 32639843

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