Otsuka 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 at 10:00 A.M. on Tuesday. September 13, 2011, recommended the following;

1. Final Cash Dividend

NIL

The Financial results of the Company are as follows.

Profit and Loss Account for the Year Ended June 30, 2011

 

2011

2010

Rupees

Net sales1,495,2551,446,477
Cost of goods sold(1,141,001)(1,051,287)
———– ———–
Gross profit354,254395,190
Selling and distribution expenses(191,660) (203,404)
Administration and general expenses(63,408)(55,410)
 ———–———–
99,186136,376
Other Operating Income26,55719,534
 ———– ———–
125,743155,910
Other Operating Charges (30,790)(32,966)
 ———– ———–
Operating Profit94,953122,944
Finance Cost (25,515) (19,963)
 ———–———–
Profit before Taxation69,438102,981
Taxation – net (25,434)(37,128)
 ———–———–
Profit after taxation44,004 65,853
 ———–———–
Earnings per share4.40 6.59

 

The Annual General Meeting (AGM) of the Company will be held at 10:30 A.M. on Wednesday, October 19, 2011, at Beach Luxury Hotel, Karachi.

The Share Transfer Books of the Company will be closed from October 13, 2011 to October 19, 2011 (both days inclusive).

For More Information Contact:
Otsuka Pakistan Limited
30-B, Sindhi Muslim Co-operative Housing Society,
Karachi-7400, Pakistan
Ph: (021) 4528651 to 4528654
Fax: (021) 4549857
URL: www.otsuka.pk