Skip to Content

Pak Leather Crafts Limited’s financial results for the half year ended December 31, 2011

Be First!

Karachi: We have to inform you that die Board of Directors of our company in their meeting held on February 27, 2012 at 11:00 a.m. at Karachi, recommended the following:

Cash Dividend

An Interim Cash Dividend for the half year ended December 31, 2011 at Rs. Nil per share i.e. Nil %. This is in addition to Interim Dividend(s) already paid at Rs. Nil per share i.e. Nil %.

And/or

Bonus Shares

It has been recommended by the, Board of Directors to issue Interim Bonus shares in proportion of Nil share(s) for every Nil share(s) held i.e. Nil %. This is in addition to the Interim Bonus shares already issued @ Nil %.

And/or

Right Shares

The Board has recommended to issue Nil % Right Shares at par/at a discount/premium of Rs. Nil per share in proportion of Nil share(s) for every Nil share(s). The entitlement of right shares being declared simultaneously will be/will not be applicable on Bonus Shares as declared above.

The financial results of the Company are as follows:

 

Half Year EndedQuarter ended
Dec 31, 2011Dec 31, 2010Dec 31, 2011Dec 31, 2010
(Rs. in “000”)
Sales4,94688,54192823,631
Cost of sales8,82898,8133,11631,810
———-———–———-———-
Gross profit/(Loss)(3,882)(10,272)(2,188)(8,179)
Selling/Distribution/ Admin Exp2,2353,2181,2531,642
———-———–———-———-
Operating (Loss)(6,116)(13,490)(3,441)(9,821)
Other operating Income1,6511001,65160
———-———–———-———-
(4,466)(13,390)(1,790)(9,761)
Finance Cost17,15020,3849,92111,054
———-———–———-———-
(Loss) before taxation(21,615)(33,774)(11,711)(20,815)
Taxation- current(49)(443)9
Net (loss) after tax(21,665)(34,217)(11,721)(20,815)
———-———–———-———-
Earnings/(Loss) per share  (Rupees)(6.37)(10.06)(3.45)(6.12)

 

For more information, contact:
Syed Asif Mahmood Rizvi
Company Secretary
Pak Leather Crafts Limited
Plot 15, Sector 7- Korangi Industrial Area,
Karachi. (Pakistan)
Phones: 35064100-2
Fax: (92-21) 35960809

Previous
Next

Leave a Reply