Berger Paints Pakistan Limited’s financial results for the year ended from July 01, 2010 to June 30, 2011

Karachi: We have to inform you that The Board of Directors of our Company in their meeting held on September 20, 2011 at 10:00 a.m. at Sind Club, Karachi, has approved the following:

Financial Results

The financial results of the Company for the year ended June 30, 2011 are as follows:

Profit and Loss Account

 

2011

2010

(Rupees in thousand)

Sales – net3,571,5103,359,276
Cost of sales2,827,8302,577,550
 ——— ———
Gross profit743,680781,726
Distribution cost521,471601,954
Administrative expenses142,195133,335
 ——— ———
 663,666735,289
 ——— ———
Operating profit80,01446,437
Other operating income69,504126,321
——————
149,518172,758
Other charges2,592 48,323
Finance cost 216,330252,734
 ——— ———
218,922301,057
 ——— ———
Loss before taxation(69,404) (128,299)
Taxation (191) (12,078)
——— ———
Loss after taxation (69,213)(116,221)
 ——————
Rupees
Loss per share basic and diluted(3.81)(8.91)

 

For more information, contact:
Berger Paints Pakistan Limited
36 Industrial Estate, Kot Lakhpat,
Lahore, Pakistan
Phone: 042-35543445-49
Fax: 042- 36151549
UAN: 111-237-437
Website: www.beger.com