Din Textile Mills Limited’s financial results for the half year ended 31-12-2011

Karachi: We have to inform you that the Board of Directors of our Company in their meeting held at 12:30 p.m. on Saturday the 25th February, 2012, to approve the un-audited Balance Sheet, Profit & Loss Accounts and auditors’s review for the half year ended December 31, 2011.

The financial results of the Company are as follows:

 

Half Year Ended

Quarter Ended

Note

31- Dec – 11

31 – Dec – 10

31- Dec – 11

31 – Dec – 10

(Amount in Thousand except earning per shares)

Sales3,539,3533,293,7121,901,3251,738,758
Cost of sales(3,955,178)(2,473,189)(1,953,573)(1,355,403)
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Gross (loss) / profit(415,825)820,523(52,248)383,355
Other operating income34531786248
Distribution cost(115,232)(92,475)(57,707)(53,903)
Administrative expenses(50,506)(43,697)(25,733)(22,877)
Other operating expenses(3,291)(31,160)(1,591)(13,292)
Finance cost(215,153)(124,146)(116,908)(71,372)
————————————
(383,837)(291,161)(201,853)(161,196)
————————————
(Loss) / Profit before taxation(799,662)529,362(254,101)222,159
Provision for Taxation130,587(128,860)92,750(37,676)
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(Loss) / Profit for the period(669,075)400,502(161,351)184,483
————————————
(Loss) / Earnings per share – basic and diluted(32.82)19.65(7.92)9.05

 

Kindly circulate the above information amongst the members of the Exchange.

We will be sending you 300 copies of printed accounts for distribution amongst the members of the Exchange.

For more information, Contact:
Din Textile Mills Limited
Din Hose, 35-A/I, Lalazar Area,
Opp. Beach Luxury Hotel,
P.O. Box No: 4696, Karachi- 74000, Pakistan
Ph: (92-21) 35610001-3
Fax: (92-21) 35610009 & 35611455
E-mail: dingroup@dingroup.com
Web: www.dingroup.com