Arpak International Investment Limited’s financial results for the half year ended 31 December, 2011

Karachi: We are pleased to inform you that the Board of Directors in the meeting held on Friday 24 February, 2012 at 10:30 am. have approved the Financial Results of the Company for the Half Year ended 31 December, 2011.

These Financial Results are as follows:

 

Quarter ended

Half-year ended

31 December,

31 December,

31 December,

31 December,

2011

2010

2011

2010

Rupees

INCOME 3,431,287 2,921,452 6,904,791 6,297,704
OPERATING AND GENERAL
EXPENSES 1,972,193 2,003,687 3,955,681 3,697,812
OPERATING PROFIT 1,458,494 917,765 2,949,130 2,599,392
BANK CHARGES 1,133 583 2,384 2,325
1,457,361 917,182 2,946,746 2,597,567
SHARE OF LOSS OF
ASSOCIATED COMPANY (12,557,350) (2,536,475) (12,557,350) (2,636,475)
LOSS BEFORE TAXATION (11,099,989) (1,719,293) (9,610,604) (38,908)
TAXATION
Current 59,203 20,534 105,225 189,534
Prior year 1,448 235,763 1,448 235,763
Deferred 6,087 (21 856) 6,087 (21,856)
66,738 234,441 112,760 403,441
LOSS AFTER TAXATION (11,166,727) (1,953,734) (9,723,364) (442,349)
LOSS PER SHARE (2.79) (0.49) (2.43) (0.11)

 

For more information, contact:
Mujahid Bashir
Company Secretary
Arpak International Investment Limited
King’s Arcade, 20-A,
Markaz F-7, P.O. Box 1529,
Islamabad.
Tel: (051) 2650805-7
Fax: (051) 2651285-6

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