Fauji Cement Company Limited’s financial results for the year ended 30 June 2011

Karachi: Reference: Karachi Stock Exchange (Guarantee) Limited Letter No. KSE-Gen-5309 dated 07 September 2011.

1. Annual Accounts for the year ended 30 June 2011 have been approved by the Board. No dividend has been recommended.

2. Profit / Loss Statement and Statement of Changes in Equity for the year ended 30 June 2011 are sent herewith as desired, please.

Profit and Loss Account for the Year Ended 30 June 2011

 

2011

2010

Note

Rupees ‘000’

Rupees ‘000’

Sales 25 5,788,3024,902,396
Less: Government levies 25(1,045,709) (1,093,941)
 ——————
Net Sales4,742,5933,808,455
Less: Cost of Sales 26 (3,919,540)(3,292,871)
——— ———
Gross Profit823,053515,584
Other income27 28,05327,220
Distribution cost28(74,149) (47,737)
Administrative expenses29(147,938)(103,490)
Other operating expenses30(36,944)(25,460)
Finance cost31(103,922) (41,206)
——— ———
Net Profit before Taxation488,153324,911
Taxation32(62,492)(74,732)
——————
Net Profit after Taxation 425,661250,179
——————
Earnings per share – Basic (Rupees)33.10.52 0.31
——— ———
Earnings per share – Diluted (Rupees)33.20.340.30

 

The annexed notes 1 to 39 from an integral part of those financial statements.

For more information, contact:
Fauji Cement Company Limited
Fauji Towers, Block – III,
68Tipu Road, Chaklala,
Rawalpindi, Pakistan.
Tel: 051-9280075
Fax: 051-9280416
Email: secretary1@fccl.com.pk
Web: www.fccl.com.pk