AKD Capital Limited’s financial results for the half year ended 31 December 2011

Karachi: We have to inform you that the Board of Directors of our company in their meeting held or 10 February 2012 at 5:00 pm., at registered office of the Company recommended the following:

(i) CASH DIVIDEND

ANILND/OR

(ii) BONUS SHARES NIL

AND/OR

RIGHT SHARES NIL

AND/OR

(iv) ANY OTHER ENTITLEMENT /CORPQRATE ACTION NIL

AND/OR

(v) ANY OTHER PRICE-SENSITIVE INFORMATION

The financial results of the Company are as follows:

 

Half year ended

Quarter ended

31

31

31

31

December

December

December

December

2011

2010

2011

2010

Rupees

Rupees

Rupees

Rupees

INCOME
Gain/(loss) on re-measurement of investment at fair value through profit or loss(10751)11,677(5,452)12,329
Dividend Income23-23-
Other income2,210,327100,000913,863100,000
————————————
2,199,599111,677908,434112,329
EXPENSES
Administrative expenses(1,606,855)(2,203,881)(616,653)(1,521,585)
————————————
592,744(2,092,204)291,781(1,409,256)
Finance cost(27,630)-(27,630)-
————————————
Profit/ (loss) before taxation565,114(2,092,204)264,151(1,409,256)
Provision for taxation(64,917)(56,636)40,420-
————————————
Profit/ (loss) after taxation500,197(2,148,840)304,571(1,409,256)
Other Comprehensive income----
————————————
Total comprehensive income500,197(2,148,840)304,571(1,409,256)
————————————
Earnings (loss) per share – basic and diluted0.20(0.86)0.12(0.56)

 

We will be sending you 300 copies of printed accounts for distribution amongst the members of the Exchange in due course of time.

For more information, Contact:
AKD Capital Limited
416- 418, Continental Trade Center,
Block 8, Clifton, Main Clifton Road,
Karachi, Pakistan.
PABXL: (92-21) 5302902-06,
Fax: (92-21) 5302913,
Email: info@akdcapital.com
Web: www.akdcapital.com