Grays Cambridge (Pak) 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 September 20, 2011 at 02.00 p.m. at Small Industries Estate, Sialkot recommended the following:

Cash Dividend

A final Cash Dividend for the year ended June 30, 2010 at Rs, 1.00 per share i.e. 10%.

The financial results, of the Company are as follow:

 

2011

2010

Rupees

Rupees

Sales  195,409,482180,193,988
Cost of Sales  (131,991,183)(111,654,786)
 ———– ———–
Gross Profit63,418,29968,539,202
Distribution Cost (23,992,787) (22,925,327)
Administrative Expenses (19,507,331)(191,135,767)
Other Operating Expenses (4,605,353) (5,679,261)
———–———–
(48,105,471) (47,740,355)
 ———–  ———–
15,312,82820,798,847
Other Operating Income1,149,077 994,506
 ———– ———–
Profit from Operating1oss16,461,905 21,793,353
Finance Cost (599,488)(697,333)
 ———–———–
15,862,41721,096,020
Share of Loss from Associated company (15,816,417)(43,993,956)
———– ———–
Profit / (Loss) before Taxation46,000(22,897,938)
Taxation
Current (2,496,550)(1,596,507)
Share of tax of associated company(619,304) 6,233,867
———– ———–
  (3,115,854) 4,637,360
———–———–
Loss after Taxation (3,069,854) (18,260,576)
———– ———–
Loss per Share Basic and Diluted(0.42) (2.48)

 

For more information, contact:
Grays Cambridge (Pak) Limited
P. O. Box: 98, Small Industries,
Estate, Sialkot – 4, Pakistan
Tel: +92-52-3563051-52
Fax: +92-52-355l252
E-mail: info@grayspak.com