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

Karachi: We have to inform you that the Board of Directors of our company in their meeting held on Thursday, September 29, 2011 at 11:00 a.m. at 5th Floor, Bahria Complex I, 24 – M.T. Khan Road, Karachi – 74000, have approved the financial results of the Company for the year ended June 30, 2011. The results are as follows:

 

June 30,

2011

June 30,

2010

Note

Rupees in ’000’

Sales181,032,769796,671
Cost of goods sold (768,631)(550,743)
—————–
Gross profit264,138245,928
Other operating income2051,99842,521
Selling, marketing and distribution expenses21(218,669) (185,462)
Administrative expenses22(35,248)(42,850)
Other operating expenses23 (19,491)(1,651)
Bank charges24(311)(25)
——— ——–
Profit before taxation42,41758,461
Income tax expense25(66,982)(32,577)
 —————–
(Loss)/ profit after tax(24,565)25,884
 ——— ——–

Rupees

(Loss)/ earnings per share –basic and diluted26 (1.28)1.35

 

The Board did not recommend any dividend or bonus share based on the above financial stamens information.

For more information, contact:
Muhammad Noor-e-Arshi Khan
CFO and Company Secretary
Gillette Pakistan Limited
Bahria Complex I, 5th Floor,
24 M.T. Khan Road,
Karachi – 74000, Pakistan
Tel: +92 21-5201520-1
Fax: +92 21-5610515