Ibrahim Fibres Limited’s financial results for the year ended 30-06-2011
Karachi: We have to inform you that the Board of Directors of the company in their meeting held on 28-09-2011 at 04:00 P.M. at I, Ahmed Block, New Gordon Town, Lahore has approved the financial results of the company.
(1) Cash Dividend
A final Cash Dividend for the year ended 30-06-2011 at Rs 3 per share i.e. 30%
|(4)||Any Other Entitlement/Corporate Action||Nil|
|(5)||Any Other Price Sensitive Information||Nil|
The financial results of the Company are as follows:-
For the year
June 30, 2011
For the year
June 30, 2010
|Cost of goods sold||34,177,382,738||24,374,579,289|
|Selling and distribution expenses||152,781,541||158,860,859|
|Other operating expenses||113,699,275||113,546,299|
|Other operating income||199,696,578||201,242,257|
|Share of profit associate-net||3,224,500,000||2,979,689,000|
|Profit before taxation||4,874,537,993||3,893,804,553|
|Provision for taxation||722,718,801||533,691,344|
|Profit for the year||4,151,819,192||3,360,113,209|
|Earnings per share- Basic and diluted||13.37||10.82|
The Annual General Meeting of the Company will be held on 26-10-2011 at 11:00 AM at Avari Hotel, Shahrah-e-Quaid-e-Azan, Lahore.
The above entitlement will be paid to the shareholders whose names will appear in the Register of Members on 18-10-2011.
The Share Transfer Books of the company will be closed from 19-10-2011 to 26-10-2011 (both days inclusive). Transfers received at M/s Technology Trade (Pvt.) Limited. Dagia House, 241 C, Block-2, PECHS, Off: Shahrah-e-Quaideen, Karachi at the close of business on 18-10-2011 will be treated in time for the purpose of above entitlement to the transferees.
For more information, contact:
Ibrahim Fibres Limited
Ibrahim Centre, 11-B, Lala Zar
M.T. Khan Road, Karachi, Pakistan
Tel: 92 21 35611601
Fax: 92 21 35611609