Pakistan Telephone Cables Limited’s financial results for the first quarter (un-audited) ended September 30, 2011

Karachi: We have to inform you that the Board of Directors in their meeting held today at 11:30 hours have approved Financial Statements (un-audited) for the First quarter ended September 30, 2011. The Financial Results of the Company are as follows;

 

July 01-Sept. 30, 2011

July 01-Sept, 30, 2010

Rupees

Rupees

Sales114,454,8069,090,893
Cost of Sales(135,547,799)(16,464,042)
 ———– ———-
Gross Profit (Loss)(21,092,993) (7,373,149)
Operating Expenses
Administrative expenses 5,319,9433,546,622
Selling and distribution1,041,636 269,570
  ———– ———-
 (6,361,579)(3,816,192)
 ———–———-
Operating Profit (Loss)(27,454,572)  (11,189,341)
Finance Cost  (4,952,506)(4,197,057)
  ———– ———-
 (32,407,078) (15,386,398)
Other Income / (Charges)- -
  ———– ———-
Profit (Loss) Before Taxation(32,407,078)(15,386,398)
Provision for Taxation
Current(1,144,548)(90,909)
 ———– ———-
(1,144,548) (90,909)
———–———-
Profit / (Loss) After Taxation (33,551,626) (15,477,307)
———–———-
(Loss) per share – basic and diluted(1.60)(0.74)
  ———– ———-
Dividend  Nil Nil

 

For more information, contact:
Aftab Safder Cheema
Chief Financial Officer
Pakistan Telephone Cables Limited
E-3, Block-17, Al-Raee Avenue,
Behind National Stadium, Gulshan-e-Iqbal,
Karachi-75800 (Pakistan).
UAN: 111 111 905
Ph: (+92-21) 3481-5840-4
Fax: 021-3480-2943
Email: info@ptclcables.com
Website: www.ptcl.com