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

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