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Sitara Peroxide Limited’s financial results for the six months ended December 31, 2012

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Karachi, February 25, 2013 (PPI-OT): We have to inform you that the Board of Directors of Sitara Peroxide Limited (SPL) in their meeting held at 4:30 pm. on Friday, February 22, 2013 approved the financial results of the company for the six months ended December 31, 2012.

The financial results are as follows:

Six month ended

Three months ended

December 31,

December 31,

December 31,

December 31,

2012

2011

2012

2011

Rupees

Sales-net

534,032,076

542,212,796

310,782,481

268,594,574

Cost of sales

429,680,710

367,851,797

225,728,058

182,167,821

———–

———–

———–

———–

Gross profit

104,351,366

174,360,999

85,054,423

86,426,753

Other operating income

914,460

914,460

———–

———–

———–

———–

105,265,826

174,360,999

85,968,883

86,426,753

Distribution cost

20,315,529

10,892,661

13,964,624

6,597,081

Administrative expenses

27,618,434

25,224,915

14,986,059

11,262,233

Other operating expenses

1,815,027

1,445,951

995,805

1,445,951

Finance cost

97,845,916

128,283,845

42,322,292

62,952,083

———–

———–

———–

———–

147,594,906

165,847,372

72,268,780

82,257,348

———–

———–

———–

———–

(Loss)/ profit before taxation

(42,329,080)

8,513,627

13,700,103

4,169,405

Provision for taxation

2,782,693

5,559,619

1,597,953

2,742,574

———–

———–

———–

———–

(Loss)/profit for the period

(45,111,773)

2,954,008

12,102,150

1,426,831

———–

———–

———–

———–

(Loss)/ earnings per share-
Basic and diluted

(0.82)

0.05

0.22

0.03

For more information, contact:
Mazhar Ali Khan
Company Secretary
Sitara Peroxide Limited
601-602, Business Centre,
Mumtaz Hasan Road. Karachi – Pakistan
Tel: (021) 3241-3944, 3242-0620
Fax: (92-21) 3241-5452
E-mail: sales@sitaraperoxide.com
Website: www.sitaraperoxide.com

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