Sajjad Textile Mills Limited’s financial results for the quarter ended September 30, 2011
Karachi: We have to inform you that the Board of Directors in theft Meeting held on October 28, 2011 at 11:30 KM. has passed over cash dividend, bonus or right issue of the shares. The financial results of the Company are as follows:
September 30, 2011 | September 30, 2010 | |
Rupees | Rupees | |
| Sales-Net | 30,717,900 | - |
| Cost of Sales | (40,602,117) | 7,671,377 |
| ————- | ———– | |
| Gross (Loss) | (9,884,217) | (7,671,377) |
| Operating Expenses: | ||
| Administrative | (2,804,757) | (1,500,904) |
| Selling and Distribution | (190,882) | (44,660) |
| ————- | ———– | |
| 2,995,639 | (1,545,564) | |
| ————- | ———– | |
| Operating (Loss) | (12,879,856) | (9,216,941) |
| Financial and other charges | (472,529) | (21,279) |
| ————- | ———– | |
| (13,352,385) | (9,238,220) | |
| Other Income/ (Loss) | 430 | 1,826,315 |
| Workers Participation Fund | - | - |
| ————- | ———– | |
| (Loss) Before Taxation | (13,351,955) | (7,411,905) |
| Taxation | 307,179 | - |
| ————- | ———– | |
| (Loss) After Taxation | (13,659,134) | (7,411,905) |
| ————- | ———– | |
| Accumulated Loss Brought Forward | (157,896,082) | (146,436,189) |
| ————- | ———– | |
| (171,555,216) | (153,848,094) | |
| Transfers and Appropriations | ||
| Transferred from Surplus on revolution of Fixed Assets | ||
| Disposals – Net of Tax | - | - |
| Current Period – Net of Tax | (700,461) | - |
| ————- | ———– | |
| (700,461) | - | |
| ————- | ———– | |
| Accumulated Loss Carried Forward To Balance Sheet | (172,255,677) | (153,848,094) |
| ————- | ———– | |
| Profit / Loss Per Share – Basic | (0.64) | (0.35) |
For more information, contact:
Sajjad Textile Mills Limited
19-B, Zafar Ali Road,
Gulberg V, Lahore
Ph: +92-42-35775501-03
Fax: +92-42-35711526
E-mail: lnfo@sajjadtextile.com
Website: www.sajjadtextile.com
