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Sazgar Engineering Works Limited’s financial results for the quarter ended September 30, 2011

Be First!

Karachi: We have to inform you that the Board of Directors of our Company in their meeting held on Saturday, October 15, 2011 at 10:30 A.M. at 88- Ali Town, Thokar Niaz Baig, Raiwind Road, Lahore, recommended the following:

 

1. Cash Dividend     Nil

2. Bonus Shares      Nil

3. Right Shares      Nil

4. Financial Results

Annexure – 1

Condensed Profit and Loss Account (Un-Audited) for the Quarter Ended September 30, 2011

 

Jul-Sep

Jul-Sep

2011

2010

Rupees

Rupees

Sales – Net598,619,027 477,375,738
Cost of Sales525,730,358426,108,332
———–———–
Gross Profit72,888,66951,267,406
Distribution cost13,778,3338,590,650
Administrative expenses13,646,23410,340,058
Other operating expenses3,144,5211,991,064
———–———–
30,569,08820,721,772
———–———–
 42,319,58130,545,634
Other Operating Income592,71154,086
———–———–
42,912,29230,599,720
Finance Cost3,547,2613,998,762
 ———– ———–
Profit before Taxation39,365,03126,600,959
Taxation13,994,1489,853,909
 ———–———–
Profit after Taxation25,370,88416,747,050
———–———–
Earnings per Share – Basic and Diluted1.410.93

 

For more information, contact:
Sazgar Engineering Works Limited
88-Ali Town, Thokar Niaz Baig,
Raiwind Road, Lahore, Pakistan
Ph: +92-42-35312125-7
Fax: +92-42-353121828
E-mail: Sazgar@brain.net.pk

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