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Thursday, November 15th, 2018

Premium Textile Mills Limited’s financial results for the period ended June 30, 2011

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by September 19, 2011 Financial Results

Karachi: We have to inform you that the Board of Directors of our Company in their meeting held on 19th September, 2011 have considered and approved the audited accounts of the Company for the year ended June 30, 2011 and recommended the following:

A Cash Dividend for the period June 30, 2011 @ 55% Rs 5.50 per share.

The Financial Results of the Company are as under:

 

June 30

June 30

2011

2010

Rupees

Rupees

Sales – net 4,645,118,056 3,209,472,025
Cost of Sales  (4,088,940,498) (2,706,750,369)
————-  ————-
Gross Profit 556,177,558 502,721,656
Administrative and Central  34,883,121 28,703,683
Selling and Distribution 44,598,949 27,000,291
————-  ————-
(79,482,070)  (55,703,974)
————-  ————-
Operating Profit 476,695,488 447,017,682
Financial Charges 180,023,123  162,473,961
Other Operating (Income)/Loss 24,090,311  23,790,870
Other Operating Charges  (6,387,291)  (4,681,925)
————-  ————-
(197,726,143) (181,582,906)
————- ————-
Profit before Taxation  278,969,345 265,434,776
Taxation (36,249,770) (73,886,976)
————-  ————-
Profit after Taxation 242,719,575 191,547,800
————- ————-
Earning per share 39.4 31.08

 

For more information, contact:
Yasir Siddik
Executive Director
Premium Textile Mills Limited
1st Floor, Haji Adam Chamber,
Altaf Hussain Road,
New Challi, Karachi – 74000,
Pakistan.

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