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Hinopak Motors Limited’s unaudited financial results for the nine months ended December 31, 2011

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Karachi: At its meeting held on January 25, 2012, at 10:00 a.m. at registered office of the Company situated at D-2, SITE, Manghopir Road, Karachi, the Board of Directors has approved the following financial results:


Quarter endedNine months ended
December 31December31December 31,December31,

(Rupees ‘000)

Cost of sales(2,337,749)(2,235,443)(4,792,080)(6,954,726)
Gross profit349,699269,517486,929634,851
Distribution expenses(76,128)(90,335)(180,019)(240,629)
Administration expenses(46,931)(42,928)(139,784)(127,793)
Other operating income25,25310,07246,24648,735
Other operating expenses(1,023)
Profit from operations251,893146,326211,349315,164
Finance cost(97,651)(61,639)(285,621)(307,688)
Profit/ (loss) before taxation164,24284,687(74,272)7,576
Profit / (loss) after taxation120,02459,595(137,535)(64,069)
Other comprehensive income (loss)
Total comprehensive profit / (loss)120,02459,695(137,535)(64,069)
Profit / (loss) per share – basic and dilutedRs. 9.68Rs. 4.81Rs. (11.09)Rs. (5.17)


Furthermore, the Board has not recommended any dividend, cash or otherwise.

For more information, contact:
Fahim Aijaz Sabzwari
Company Secretary
Hinopak Motors Limited
D-2, S.I.T.E. Manghopir Road,
P.O. Box No.10714, Karachi-75700,
Tel: 32563510 (9 Lines), 32583525 (3 Lines)
UAN: 111-25-25-25,
Fax: 3256-3028
Web site:


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