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Monday, September 21st, 2020

The Thal Industries Corporation Limited’s Financial results for the Half Year/ 2nd Quarter Ended 31-03-2011

Be First!

Karachi: We have to inform you that the Board of Directors of our Company held their meeting on Thursday the 25th May, 2011 at 11:30 a.m. and approved the Financial Results of the Company for the half year 2nd Quarter ended 31-03-2011.

The financial results of the Company are as follows:

  Half year ended Quarter ended
31 March 2011 31 March 2010 31 March 2011 31 March 2010
Rupees Rupees Rupees Rupees
Sales – Net 2,567,753,159 2,489,201,010 1,622,112,766 1,441,321,826
Cost of sales (2,058,698,404) (2,184,397,914) (1,361,917,207) (1,276,513,773)
  ————— ————— ————— —————
Gross profit 509,054,755 304,803,096 260,195,559 164,808,053
Operating expenses        
Distribution and selling expenses (22,459,971) (14,816,199) (16,743,597) (8,981,103)
Administrative expenses (76,804,395) (75,009,136) (40,409,592) (40,791,279)
  ————— ————— ————— —————
(99,264,366) (89,825,335) (57,153,189) (49,772,382)
————— ————— ————— —————
Operating profit 409,790,389 214,977,761 203,042,370 115,035,671
Other operating income 7,913,776 9,450,598 4,432,448 4,123,429
  ————— ————— ————— —————
417,704,165 224,428,359 207,474,818 119,159,100
————— ————— ————— —————
Finance cost (195,918,313) (129,573,289) (159,653,898) (102,561,383)
Workers’ Profit Participation Fund (11,089,293) (4,742,754) (2,391,046) (829,886)
  ————— ————— ————— —————
(207,007,606) (134,316,043) (162,044,944) (103,391,269)
————— ————— ————— —————
Profit before taxation 210,696,559 90,112,316 45,429,874 15,767,831
Taxation (73,743,796) (31,593,336) (15,900,456) (4,451,336)
  ————— ————— ————— —————
Profit after taxation 136,952,763 58,518,980 29,529,418 11,316,495
Other comprehensive income
  ————— ————— ————— —————
Total comprehensive income for

the period

       
136,952,763 58,518,980 29,529,418 11,316,495
  ————— ————— ————— —————
EARNINGS PER SHARE 9.12 3.90 1.97 0.75
  ————— ————— ————— —————

For more information, contact:

Mohammad Siddiq

Company Secretary

The Thal Industries Corporation Limited

23- Pir Khurshid Colony,

Multan,Pskistan.

Tel: +9261 6524675

Fax: +9261 6524676

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