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Trust Securities and Brokerage Limited’s financial results for the half year ended December 31, 2012

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Karachi, February 27, 2013 (PPI-OT): We have to inform you that the Board of Directors of our company in their meeting held on February 26, 2013 at 4:00 P.M at Lahore approved the Half Yearly Financial Statements for the period ended December 31, 2012.

The financial results of the company are as follows:-

Half Year Ended

Quarter Ended

December

December

December

December

2012

2011

2012

2011

Rupees

Rupees

Rupees

Rupees

Operating Revenue

1,892,107

902,502

1,058,485

540,507

Gain on sale of Investments-net

323,475

234,853

190,857

102,553

Unrealized loss on re-measurement
impairment of investments

(3,740,544)

(422,562)

(3,657,932)

(377,062)

———

———

———

———

(1,524,962)

714,793

(2,408,590)

265,998

Operating and administrative expenses

(3,928,282)

(8,158,916)

(2,071,149)

(6,502,372)

Finance Cost

(4,600)

(3,182)

(2,150)

(1,072)

———

———

———

———

(3,932,882)

(8,162,098)

(2,073,299)

(6,503,444)

———

———

———

———

Operating Loss

(5,457,844)

(7,447,305)

(4,481,889)

(6,237,446)

Other operating income

430,486

224,387

260,285

129,614

———

———

———

———

Loss before taxation

(5,027,358)

(7,222,918)

(4,221,604)

(6,107,832)

Taxation

(75,000)

(40,285)

(30,000)

(20,285)

———

———

———

———

Loss after taxation

(5,102,358)

(7,263,203)

(4,251,604)

(6,128,117)

———

———

———

———

Loss per share-basic and diluted

(0.51)

(0.73)

(0.43)

(0.61)

For more information, contact:
Nadia Haider
Company Secretary
Trust Securities and Brokerage Limited
3rd floor, Associated House,
Building # 1 and 2, 7 Kashmir Road,
Lahore-54000 (Pakistan)
Telephone: (92-42) 3637 3041-43
Fax: (92-42) 3637 3040
Website: www.trustsecu.com
Email: info@trustsecue.com

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