Dynea Pakistan Limited’s financial results for the year ended June 30, 2011

Karachi: We have to inform you that the Board of Directors of the company in their Meeting held at 10:00 A.M. on Thursday, September 08, 2011, recommended the following:

 

Cash Dividend      20%

Bonus Issue        Nil

Right Shares       Nil

The Financial results or the company for the year ended June 30, 2011 are:

 

2011

2010

Rupees

Rupees

Turnover – net 1,727,550,342 1,355,658,203
Cost of sales (1,478,541,997) (1,146,389,604)
————- ————-
Gross profit 249,008,345  209,268,599
Distribution costs   (113,627,910) (88,698,328)
Administrative expenses  (33,032,662)  (29,459,534)
 ————- ————-
 (146,660,572)  (118,157,862)
Other Operating Income 941,011 333,417
  ————-  ————-
Operating Profit 103,288,784 91,444,154
Finance costs  (19,830,727)  (8,126,436)
Other charges (5,758,606) (5,925,386)
 ————- ————-
 (25,589,333) (14,051,822)
 ————- ————-
Profit before taxation 77,699,451 77,392,332
Taxation  (26,140,122) (26,836,720)
————- ————-
Profit after taxation 51,559,329  50,555,612
 ————- ————-
Basic and diluted earnings per share (Rs.)  2.73  2.68

 

 

The Annual General Meeting of the Company will be held at 4:30 P.M. on Monday the 17th October, 2011 at the ICAP Auditorium, ICAP Building, Chartered Accountants Avenue, Clifton, Karachi. The Share Transfer books of the Company will remain closed from 11th October, 2011 to 17th October, 2011 (both days inclusive).

 

For more information,contact:
Muhammad Shakeel Uddin
Company Secretary
Dynea Pakistan Limited
Plot Nos. A-101, 102,103,134,135 and 136, H.I.T.E
Hub Chowki, District Lasbela,
Balochistan.
Phones: (0853) 3637106-9
Fax: (0853) 363907-303696
E-mail: Info@dynea.com.pk
Website: www.dynea.com.ok

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