Paramount Spinning Mills Limited’s financial results for the Half Year ended 31 December 2011
Karachi: We have to in inform you that the board of directors or the company in its meeting held on 29 February 2012 had approved the half yearly Accounts for the period ended 31 December 2011.
The Financial results are as follows.
October to December
July to December
|Sales – Net||981,969,006||1,334,754,067||1,912,099,306||2,412,755,306|
|Cost of Sales||827,847,079||1,062,548,961||1,634,132,925||1,961,966,004|
|Financial and Other Charges||71,309,538||78,254,869||137,701,826||142,506,152|
|Share of (Loss)/ Profit from Associates||(6,018,750)||9,336,168||(5,541,653)||13,956,747|
|Profit/ (Loss) before tax||36,740,917||153,481,445||37,630,781||216,537,808|
|Provision for taxation – Net||23,727,570||31,356,739||12,542,082||40,429,788|
|Net Profit/ (Loss) for the period after|
|Earnings per share||0.75||7.04||1.45||10.15|
We will be sending you 300 copies of the printed accounts of the Company for distribution amongst the members of your esteemed Exchange in due course of time.
For more information, Contact:
Paramount Spinning Mills Limited
2nd Floor Finlay House,
I.I. Chundrigar Road,
Phones: (92-21) 32419943,
Fax: (92-21) 32411559