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Monday, September 24th, 2018

Nishat Chunian Power Limited’s financial results for the 1st quarter ended 30 September 2011

Be First!

Karachi: It is to inform you that the Board of Directors of Nishat Ghunian Power Limited (NCPL) in their meeting held today Head Office, 31-Q, Gulberg II, Lahore, have approved the un-audited accounts of the Company for the 1st quarter ended 30 September 2011.

Cash Dividend: Nil
Bonus Shares: Nil
Right Shares:

The financial results of the Company are as follows:

 

Quarter ended

30 September 2011

30 September 2010

Rupees

Rupees

Sales  6,224,624,941 3,739,526,992
Cost of sales 4,813,043,345 2,763,733,180
 ————-  ————-
Gross profit 1,411,581,596  975,793,812
Administrative expenses 17,746,980 4,772,819
Other operating expenses 2,000,000
 ————- ————-
17,746,980 6,772,819
 ————-  ————-
 1,393,834,616  969,020,993
Other operating income 5,586,384  11,407,133
————- ————-
Profit from operations 1,399,421,000 980,428,126
Finance cost  817,022,956 560,476,268
 ————-  ————-
Profit before taxation 582,398,044  419,951,858
Taxation 2,396,032 1,093,286
 ————-  ————-
Profit after taxation  580,002,012 418,858,572
————-  ————-
Earnings per Share-basic and diluted  1.579 1.140

 

For more information, contact:
Muhammad Hameed
Company Secretary
Nishat Chunian Power Limited
31-Q, Gulberg II, Lahore -54660, Pakistan
Tel: 92-42-3576 1730
Fax: 92-42-35878696
E-mail: ncpl@nishat.net

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