Sardar Chemical Industries Limited’s financial results for the quarter ended 30-09 -2011
Karachi: We have to inform you that the Board of Directors of our Company in their Meeting held at 05:00 P.M. on Monday the October 31, 2011, at Registered Office of the company at Plot No-29-B, Road No, R-1, Industrial Estate, Gadoon Amazai, Topi, Distt Swabi KPK, recommended the following.
1. Cash Dividend Nil
2. Bonus Issue Nil
3. Right Share Nil
The draft of financial results of the staid quarter is attached.
Profit and Loss Account (Un-Audited) for the First Quarter Ended September 30, 2011
|
3 Months Quarter Ended |
||
|
30 Sep. |
30 Sep. |
|
|
2011 |
2010 |
|
|
Rupees |
Rupees |
|
| Sales | 34,166,089 | 36,246,450 |
| Cost of Sales | 26,771,495 | 29,563,735 |
| ———- | ———- | |
| Gross Profit | 7,394,594 | 6,682,715 |
| Operating Expenses | ||
| Administrative | 3,486,589 | 2,736,343 |
| Selling and distribution | 1,963,974 | 1,471,590 |
| Financial charges | (18,060) | (316,989) |
| ———- | ———- | |
| 5,432,503 | 3,890,944 | |
| ———- | ———- | |
| Operating Profit / (Loss) for the period | 1,962,091 | 2,791,771 |
| Other income | - | - |
| ———- | ———- | |
| Profit/ (Loss) before taxation | 1,962,091 | 2,791,771 |
| Taxation | (686,732) | (977,120) |
| ———- | ———- | |
| Profit/ (Loss) for the period | 1,275,359 | 1,814,651 |
| Profit/ (Loss) brought forward | 4,919,879 | 3,794,801 |
| ———- | ———- | |
| Unappropriated Profit/ (loss) carried forward | 6,195,238 | 5,609,452 |
| ———- | ———- | |
| Earning/ (Loss) per share | 0.21 | 0.30 |
For more information, contact:
Sardar Chemical Industries Limited
127/II, C Block, Model Town, Lahore
Tel: (92-21) 35851865-66-67
Fax: (92-21) 35858489
E-mail: info@sardarchem.com
Web: www.sardarchem.com