AKD Capital Limited’s financial results for the quarter ended 30 September 2011
Karachi: We have to inform you that the Board of Directors of our company in their meeting held on 31 October 2011 at 6.00 p.m., at registered office of the Company recommended the following:
(i) CASH DIVIDEND NIL
AND/OR
(ii) BONUS SHARES NIL
AND/OR
(iii) RIGHT SHARES NIL
AND/OR
(iv) ANY OTHER ENTITLEMENT/CORPORATE ACTION NIL
AND/OR
(v) ANY OTHER PRICE-SENSITVE INFORMATION
The financial results of the Company are as follows.
July Sep | July Sep | |
2011 | 2010 | |
Rupees | Rupees | |
| INCOME | ||
| Gain/ (Loss) on re-measurement of investment at | ||
| fair value through profit or loss | (5,299) | (652) |
| Other Income | 1,296,464 | - |
| ————- | ———— | |
| 1,291,165 | (652) | |
| Expenses | ||
| Administrative expenses | (990,202) | (682,296) |
| ————- | ———— | |
| Profit /(loss) before taxation | 300,963 | (682,948) |
| Provision for taxation | (105,337) | - |
| ————- | ———— | |
| Profit / (loss) after taxation | 195,626 | (682,948) |
| ————- | ———— | |
| Earning / (loss) per share – Basic and diluted | 0.08 | (0.27) |
For more information, contact:
Tanveer Hussain Khan
Company Secretary
AKD Capital Limited
416-418, Continental Trade Center,
Blocks, Clifton, Main Clifton Road,
Karachi, Pakistan.
PABX: (92-21) 5302902-06,
Fax: (92-21) 5302913
