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 – net1,727,550,3421,355,658,203
Cost of sales(1,478,541,997)(1,146,389,604)
————-————-
Gross profit249,008,345 209,268,599
Distribution costs  (113,627,910)(88,698,328)
Administrative expenses (33,032,662) (29,459,534)
 ————-————-
 (146,660,572) (118,157,862)
Other Operating Income941,011333,417
  ————- ————-
Operating Profit103,288,78491,444,154
Finance costs (19,830,727) (8,126,436)
Other charges(5,758,606)(5,925,386)
 ————-————-
 (25,589,333)(14,051,822)
 ————-————-
Profit before taxation77,699,45177,392,332
Taxation (26,140,122)(26,836,720)
————-————-
Profit after taxation51,559,329 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