Exide Pakistan Limited’s Financial Results for the Half Year Ended 30th September, 2011

Karachi: We have to inform you that the Board of Directors of our company in their meeting held on 29th November, 2011 at 15:00 pm at the Registered Office of the Company at A/44, Hill Street, Off; Manghopir Road, S.I.T.E. Karachi, recommended the following:

i) Cash Dividend
Nil

ii) Bonus Shares
Nil

iii) Right Shares
Nil

Rs’0000

Rs’000

Rs’000

2011

2010

Total

Battery

Chemical

Battery

Chemical

2011

2020

Division

Division

Division

Division

Sales

5,057,938

199,018

3,562,645

182,870

5,256,956

3,745,515

———

——–

———

——–

———

———

Cost of Sales

4,435,373

162,257

3,107,424

143,159

4,597,630

3,250,583

———

——–

———

——–

———

———

Gross Profit

622,565

36,761

455,221

39,711

659,326

494,932

———

——–

———

——–

———

———

Operating Expenses

264,604

4,473

227,337

4,202

269,077

231,539

———

——–

———

——–

———

———

Operating Profit

357,961

32,288

227,884

35,509

390,249

263,393

———

——–

———

——–

———

———

Finance Cost

61,012

58,981

———

———

Other Charges

48,676

21,890

———

———

Other income

2,287

2,762

———

———

Profit before tax

282,848

185,284

———

———

Taxation

110,457

65,650

———

———

Profit after tax

172,391

119,634

———

———

Un-appropriated
Profit brought forward

316,915

248,927

———

———

Transferred to revenue reserve for the year ended Mar 31, 2011/2010

(233,000)

(180,000)

———

———

Final Dividend for the year ended March 31, 2011(60%) 2010(60%)

(33,899)

(33,899)

———

———

Stock Dividend for the year ended March 31, 2011(@ 25%)

(14,125)

-

———

———

Transfer from surplus on Revaluation of fixed Assets

2,373

2,933

———

———

Un-appropriated Profit carried forward

210,556

157,595

———

———

Rupees

Earnings per share

24.41

21.17

For more information, contact:
S. Haider Mehdi
Company Secretary
EXIDE Pakistan Limited
A-44, A-45, Hill Street,
Off: Manghopir Road, S.I.T.E.,
Karachi-75700 (Pakistan).
Tel: 2593371-85, 2593181-85, 2578061-64
Fax: 2561679, 2573575

Leave a Reply