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Wednesday, October 21st, 2020

International Knitwear Limited’s condensed interim profit and loss account (un-audited) for the half year and 2nd quarter ended December 31, 2012

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by February 27, 2013 Miscellaneous

Karachi, February 27, 2013 (PPI-OT): We have inform you that the Board of Directors of Our Company in their meeting held on Tuesday February 26, 2013 at 2:00 pm at 9th floor, N.I.C Building, Abbasi Shaheed Road, Karachi have Recommended the flowing:

1. Cash Dividend                       Nil

2. Bonus Shares                        Nil

3. Right Shares                        Nil

4. Any Other Information               Nil

5. The financial results of Company are as follows:

Cumulative

For the 2nd Quarter

Jul-Dec

Jul-Dec

Oct-Dec

Oct-Dec

2012

2011

2012

2011

Rupees

Rupees

Rupees

Rupees

Sales-net

58,511,831

76,560,098

29,622,668

44,804,934

Cost of goods sold

(69,299,934)

(64,280,363)

(37,062,417)

(35,400,563)

———–

———

———-

———

Gross (loss)/profit

(10,788,103)

12,279,735

(7,439,759)

(9,404,371)

Administrative and selling expenses

(7,517,895)

(4,437,155)

(5,200,213)

(2,443,693)

———–

———

———-

———

(18,305,998)

7,842,580

(12,639,972)

6,960,578

Financial charges

(1,634,015)

(1,464,009)

(808,907)

(666,989)

Other income

209,405

490,509

131,416

14,265

Workers profit participation fund

(343,454)

(343,454)

Workers welfare fund

(46,809)

(130,513)

(23,698)

(105,109)

———–

———

———-

———

(Loss)/ profit before taxation

(19,777,418)

6,395,113

(13,341,162)

5,859,391

Taxation

(282,179)

(764,824)

6,589

(447,456)

———–

———

———-

———

(Loss)/ profit after taxation

(20,059,5971)

5,630,289

(13,334,573)

5,411,935

———–

———

———-

———

(Loss) / earning per share

(6.22)

1.75

(4,13)

1.68

For more information, contact:
Javed Khan
Chief Financial Officer/
Company Secretary
International Knitwear Limited
F-2/A, S.I.T.E
Karachi- 75730 Pakistan,
Ph: 2574302-04
Fax: (021) 2564414

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