Trust Securities and Brokerage Limited’s financial results for the quarter ended March 31, 2012
Karachi: We have to inform you that the Board of Directors of our Company in their meeting held on April 26, 2012 at 3:30 P.M at Lahore approved the Un-audited Condensed Interim Financial Statements of the company for the third quarter ended March 31, 2011.
The Summarized financial results of the company are as follows:-
For Nine Months Ended | For Third Quarter Ended | |||
March 31, | March 31, | March 31, | March 31, | |
2012 | 2011 | 2012 | 2011 | |
Rupees | Rupees | Rupees | Rupees | |
| Operating revenue | 2,388,477 | 1,602,971 | 1,485,975 | 840,645 |
| Gain on sale of securities | 446,393 | 398,834 | 211,540 | 140,420 |
| Gain / (Loss) on re-measurement of investments | 57,000 | (17,514) | 477,562 | (6,580) |
———- | ———- | ——— | ——— | |
2,891,870 | 1,984,291 | 2,177,017 | 974,485 | |
| Operating and administrative expenses | (10,117,406) | (10,686,504) | (1,958,490) | (1,903,103) |
| Finance Cost | (4,486) | (10,699) | (1,304) | (2,110) |
———- | ———- | ——— | ——— | |
(10,121,892) | (10,697,203) | (1,959,794) | (1,905,213) | |
———- | ———- | ——— | ——— | |
| Operating profit/ ( Loss) | (17,230,022) | (8,712,912) | 217,283 | (930,728) |
| Other operating income | 355,852 | 548,953 | 131,465 | 161,100 |
———- | ———- | ——— | ——— | |
| Profit/ (Loss) before taxation | (6,874,170) | (8,163,959) | 348,148 | (769,628) |
| Taxation | (85,000) | 576,679 | (44,715) | (50,000) |
———- | ———- | ——— | ——— | |
| Profit/ (Loss) after taxation | (6,959,170) | (7,587,280) | 304,033 | (819,628) |
———- | ———- | ——— | ——— | |
| Earnings/ (Loss) per share-basic and diluted | (0.70) | (0.76) | 0.03 | (0.08) |
For more information, contact:
Nadia Haider
Company Secretary
Trust Securities and Brokerage Limited
Corporate Office: 3rd floor, Associated House,
Building # 1 and 2, 7-Kashmir Roads,
Lahore-54000 (Pakistan)
Telephone: (92-42) 3637 3041-43
Trading: 3631 0241-44
Fax: (92-42) 3637 3040
Website: www.trustsecu.com
Email: info@trustsecu.com
tsbl@brain.net.pk