Fateh Sport Wear Limited’s financial results for the year ended 30-06-2011

Karachi: We have to inform you that the Board of Directors of our company in their meeting held at 10:00 a.m. on Monday the 26th September, 2011 recommended the following;

The financial results of the Company for the year ended 30th June, 2011 are annexed.

The Annual General Meeting of the Company will be held on Monday the 31st October, 2011 at 10:30 a.m. at the registered office of the Company at Mirpurkhas Road, Hyderabad.

The Share Transfer Books of the Company will be closed from 25th to 31st October, 2011 (both days inclusive). Transfer received at the share department of the Company at Mirpurkhas Road, Hyderabad at the close of business on 24th October, 2011 will be treated in time.

Fateh Sport Wear Limited

Profit and Loss Account for the year ended June 30, 2011

 

30-06-2011

30-06-2010

Rupees

Rupees

Sales 8,031,9820
Cost of Sales7,075,4270
 ——————
Gross Profit956,5560
Administration Expense2,282,14827,334,633
Selling Expenses609,5930
——————
2,891,741(27,334,633)
——————
Operating Loss(1,935,185)27,334,633
Exchange gain1,598,18015,271,438
——————
(337,004)(12,063,195)
——————
Financial expenses18,458,32718,363,832
Other charges91,00091,000
——————
18,549,32718,454,832
——————
Loss before taxation(18,886,332)(30,518,027)
——————
Taxation61,3450
 ——————
Loss after taxation(18,947,677)(30,518,027)
Other comprehensive income00
——————
Total comprehensive income for the year(18,947,677)(30,518,027)
——————
Loss per share(9.47)(15.26)

 

For more information, contact:
Fateh Sports Wear Limited
442,Mirpurkhas Road
Hyderabad
Tel: 022-3880102, 022-3880908
Fax: 022-3880745
Web: http://www.fateh1.com