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The Thal Industries Corporation Limited’s financial results for the quarter ended 31-12-2011

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Karachi: We have to inform you that the Board of Directors of our Company in their meeting held on Wednesday the 25th January 2012 at 10:30 a.m. at the Registered Office at 23-Pir Khurshid Colony, Gulgasht, Multan recommended the unaudited accounts of the Company for the 1st Quarter ended 31-12-2011.

 

The financial results of the Company are as follows:31 December 201131 December 2010
RupeesRupees
Sales-net1,304,996,801945,640,393
Cost of Sales(1,267,188,537)(696,781,197)
————-———–
Gross profit / (loss)37,808,264248,859,196
Operating expenses
Distribution and selling expenses(6,546,603)(5,716,374)
Administrative Expenses(37,259,420)(36,394,803)
————-———–
(43,806,023)(42,111,177)
————-———–
Operating profit / (loss)(5,997,759)206,748,019
Other Operating Income2,211,1533,481,328
————-———–
(3,786,606)(210,229,347)
Finance Cost(60,216,829)(36,264,415)
Other Expenses(8,698,247)
————-———–
(60,216,829)(44,962,662)
————-———–
Profit/ (Loss) before taxation(64,003,435)165,266,685
Taxation-Current(13,049,968)(57,843,340)
————-———–
Profit/ (loss) after taxation(77,053,403)107,423,345
————-———–
Other comprehensive income/ (loss) for the period
————-———–
Total comprehensive / (loss) for the period(77,053,403)107,423,345
————-———–
Earnings Per Share –Basic and diluted(5.13)7.15

 

 

For more information, contact:
Mohammad Siddiq
Company Secretary
The Thal Industries Corporation Limited
23-Pir Khurshid Colony,
Multan, Pakistan.
Phone: 061-6524675, 6524621
Fax: 061-6524676

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