Skip to Content

Mitchell’s Fruit Farms Limited’s board of directors meeting

Be First!
by December 31, 2012 Board Meetings

Karachi, December 31, 2012 (PPI-OT): Information under Listing Regulation 16 and 17

It is to inform you that the Board of Directors of our Company in their Meeting held on December 31, 2012 to review and approve accounts for the year ended September 30, 2012, recommended the following:

Cash Dividend

75%

Bonus Issue

25%

Right Shares

None

Financial Results

A copy of the profit and loss account of the Company for the year ended September 30, 2012, is enclosed.

Profit and Loss Account for the Year Ended September 30, 2012

2012

2011

Rupees

Rupues

Sales

1,884,503,125

1,794,248,317

Cost of sales

(1,421,735,606)

(1,400,131,599)

————-

————-

Gross profit

462,767,519

394,116,718

Administration expenses

(84,567,766)

(66,738,991)

Distribution and marketing expenses

(206,795,747)

(183,404,182)

Other operating expenses

(12,104,042)

(8,373,794)

Other operating income

16,023,676

10,906,983

————-

————-

Profit from operations

175,323,640

146,506,734

Finance cost

(22,964,482)

(38,360,468)

————-

————-

Profit before tax

152,359,158

108,146,266

Taxation

(44,009,003)

(34,721,057)

————-

————-

Profit for the year

108,350,155

73,425,209

————-

————-

Earnings per share-Basic and diluted

21.50

14.57

For more information, contact:
Mitchell’s Fruit Farms Limited
39-A, D-1, Gulberg III,
Lahore, Pakistan.
Ph: (042) 5872392-96
Fax: (042) 5872398
Website: www.mitchells.com.pk
E-mail: ho@mitchells.com.pk

Previous
Next

Leave a Reply