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

INCOME3,431,2872,921,4526,904,7916,297,704
OPERATING AND GENERAL
EXPENSES1,972,1932,003,6873,955,6813,697,812
OPERATING PROFIT1,458,494917,7652,949,1302,599,392
BANK CHARGES1,1335832,3842,325
1,457,361917,1822,946,7462,597,567
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
Current59,20320,534105,225189,534
Prior year1,448235,7631,448235,763
Deferred6,087(21 856)6,087(21,856)
66,738234,441112,760403,441
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