Blessed Textile Limited’s financial results for the year ended 30th June, 2012

Karachi: We have to inform you that the Board of Directors of company in their meeting held at 11:00 a.m. on Tuesday, 27th September, 2011 recommended the following:

a. Cash Dividend:

A final cash dividend for the year ended 30th June, 2011@ PKR 7.50 per share i.e. 75%.

b. Financial Results

The financial results of the company for the year ended 30th June 2011 are enclosed at annexure “A”

c. Share Transfer Book Closure

Share Transfer Books of the company will be closed from 24th October 2011 to 31st October 2011 (both days inclusive).

Annexure “A”

Profit and Loss Account for the Year Ended June 30, 2011

 

Year ended

Year ended

June 30,

June 30,

2011

2010

Rupees

Rupees

Sales6,124,843,6444,054,211,673
Cost of goods sold4,964,447,0523,252,897,240
 ————-————-
Gross profit1,160,396,592801,314,433
Other operating income/ (expenses)2,399,4703,384,680
 ————- ————-
1,162,796,062804,699,113
————-————-
Distribution cost182,059,377111,394,413
Administrative expenses57,550,36053,473,389
Other operating expenses57,376,75434,483,715
Finance cost192,407,120175,417,844
————-————-
489,393,611374,769,361
————- ————-
Profit before tax673,402,451429,929,752
Provision for taxation
Current year64,239,03541,239,084
Prior year(441,658)(1,157,080)
Deferred - (33,674,963)
 ————-————-
63,797,377 6,407,041
————-————-
Profit after tax 609,605,074423,522,711
 ————-————-
Earnings per share – basic and diluted94.78 65.85

 

For more information, contact:
Blessed Textile Limited
Umer House, 23/1, Sector 23, S. M. Farooq Road,
Korangi Industrial Area, Karachi- 74900
Phones: (92-21)5115177-80
Fax: (92-21)5115190