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United Brand Limited’s financial results for the third quarter ended March 31, 2012

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Karachi: We have to inform you that the Board of Directors of our Company in their meeting held on Monday, April 30, 2012 at 12:00 a.m. at 1st floor, NIC Building, Abbasi Shaheed Road, Karachi have approved the un-audited interim Financial Statements for all third quarter ended March 31, 2012.

(Un-audited)(Un-audited)(Un-audited)(Un-audited)
CumulativeQuarter Ended
MarchMarchMarchMarch
2012201120122011
Appropriations;
(i)Cash, DividendNilNilNilNil
(ii)Bonus ShamNilNilNilNilNil
(iii)Right SharesNilNilNilNilNil
(iv)Any Other Corporate Action:

Issuance of Shares other than right under section 86 (I) of the Companies Ordinance 1984 by converting Rs.96 million dept into equity (9.6 million shares of Rs.10 each) subject to the approval of shareholders by special resolution .

(Un-audited)

(Un-audited)

(Un-audited)

(Un-audited)

Cumulative

Quarter Ended

March

March

March

March

2012

2011

2012

2011

Rupees

Rupees

Rupees

Rupees

(‘000)

(‘000)

(‘000)

(‘000)

Sales

817,205

645,641

246,730

237,150

Cost of Good Sold

(720,086)

(575,218)

(217,712)

(214,750)

——-

——-

——-

——-

Gross Profit

97,119

70,423

28,858

22,400

Distribution Expenses

(54,567)

(35,598)

(20,040)

(8,849)

Administrative Expenses

(16,098)

(41,895)

(3,665)

(3,886)

——-

——-

——-

——-

(70,665)

(77,493)

(23,705)

(12,735)

——-

——-

——-

——-

Operating Profit/ (Loss)

26,454

(7,070)

5,153

9,665

Other Income

Finance Costs

(21,114)

(29,542)

(13,789)

(7,301)

——-

——-

——-

——-

Profit before taxation

5,340

(36,612)

(8,636)

2,364

Taxation

7,173

(0,104)

9,754

(1,901)

——-

——-

——-

——-

Profit after taxation

2,513

(40,716)

1,118

463

——-

——-

——-

——-

Earning/(Loss) per share-basic and diluted

10.43

(33.93)

0.93

0.39

For more information, Contact:
United Brand Limited
9th Floor, NIC Building,
Abbasi Shaheed Road, Karachi
Tel: 5675111-7, 5683944-6
Fax: 5682772
Web: www.ubrands.biz

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