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Otsuka Pakistan Limited’s financial results for the half yearly period ended December 31, 2011

Be First!

Karachi: We have to inform you that the Board of Directors of our company in their Meeting held on today, February 27, 2012 at 10:30 a.m., recommended the following;

1. Cash Dividend

Nil

The financial results of the Company are as follows;

Profit and Loss Account

For the half year ended December 31, 2011

 

Half year ended

Quarter ended

December 31,

December 31,

2011

2010

2011

2010

Net sales 851,849  697,028 448,622  348,588
Cost of sales (634,712)(524,909)(306,738) (262,271)
 ———-   ———-  ———-  ———–
Gross profit   217,137  172,119  141,884 861,317
Selling and distribution expenses(104,766)(93,626)  (57,804)   (49,272)
Administrative and general expenses (39,074)(29,684)(23,535) (15,173)
 ———-  ———-   ———-  ———–
73,297  48,809 60,44521,872
Other operating income 8,2544,451  1,477   1,899
———-———-———- ———–
  81,55153,26061,92223,771
Other operating charges  (15,468)  (9,951)(12,924) (3,042)
———-———- ———- ———–
Operating profit  66,08343,309 48,998  20,729
Finance cost (11,906) (11,347) (6,526) (6,357)
 ———- ———-———- ———–
Profit for the period before taxation 54,177   31,962 42,47014,372
Taxation – net (21,093)(11,601) (17,140) (5,211)
———- ———- ———- ———–
Profit for the period after taxation33,08420,361 25,3309,161

 

iii) Basic Earning Per Share

The basic earning per share is Rs. 3.31 for the half year ended December 31, 2011 (December 31, 2010 was Rs. 2.04) and for the quarter ended December 31, 2011 is Rs. 2.53 (December 31, 2010 was Rs. 092).

We will be sending you 300 copies of printed accounts for distribution amongst the member of the Exchange. These accounts can also be viewed at our website www.otsuka.pk.

For more information, Contact:
Otsuka Pakistan Limited,
30-B, Sindhi Muslim Co-operative Housing Society,
Karachi- 74000, Pakistan,
Phones: (+92 21) 34528651
Fax: (+9221) 34549857

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