Dadex Eternit Limited’s financial results (unaudited) for the three months ended September 30, 2011

Karachi: We have to inform you that ma Board of Directors of our company in their meeting held on October 31, 2011 at 05:00 p.m. at Dadex House 34-All, Block-6, P.E.C.H.S,, Shahrah-e-Faisal, Karachi recommended the following:

i. Cash Dividend          Nil

ii. Bonus Shares          Nil

iii. Right Shares         Nil

iv. The financial results (unaudited) of the company for the three months ended September 30, 2011 are as follows:

 

3 Months Ended

3 Months Ended

September 30, 2011

September 30, 2010

(Rupees `000)

Turnover – net   628,973  424,388
Cost of sales (432,677) (357,356)
 ——- ——-
Gross profit  96,396 67,030
Distribution costs  (68,783) (58,323)
Administrative expenses  (32,060)  (30,482)
Other operating expenses (2,382)  (913)
Other operating income  10,495 11,170
——-  ——-
Operating profit / (loss) 13,668 (9,518)
Finance costs  (8,651)  (10,041)
 ——-  ——-
Profit/ (loss) before taxation 6,015  (19,559)
Taxation  (8,720) 8,153
  ——- ——-
Loss after taxation  (1,705)  (11,408)
——-  ——-
 Rupees
Loss per share – Basic and diluted  (0.18) (1.06)

 

For more information, contact:
Zahid Mahmood
Company Secretary
Dadex Eternit Limited
Dadex House 34-A/1 Block 6,
PECHS Shahrah-e-Faisal, Karachi 75400
Tel: 92-21 111 000 789
Fax: 92-21 34315716
E-mail: info@dadex.com
Website: www.dadex.com

Leave a Reply