Shahtaj Textile Mills Limited’s financial results for the year ended 30th June 2011

Karachi: We have to inform you that the Board of Directors of our Company in their meeting held today the 30th September, 2011 at 11:00 A.M. have recommended a cash dividend @ 60% i.e. Rs.6.00 per share.

The financial results of the company are as under:

 

2011

2010

Rupees

Rupees

Sales – Net4,039,700,8582,829,255,818
Cost of goods sold(3,596,324,238)(2,495,480,030)
 ————–————–
Gross profit 443,376,620333,745,788
Other Operating income24,180,53120,111,052
 ————–————–
467,557,151353,856,840
Distribution Cost(26,460,465)(16,508,826)
Administrative expenses(79,196,206)(42,565,359)
Others Operating expenses (17,378,254) (79,624,219)
Financial Cost(110,041,730)(81,830,770)
 ————–————–
 (233,076,655) (220,529,174)
————– ————–
Profit before Taxation234,480,496133,327,666
Taxation(29,746,127) (25,532,286)
 ————– ————–
Profit for the year204,734,369107,795,380
Other comprehensive income for the year- -
————– ————–
Total Comprehensive income for the year204,734,369107,795,380
 ————– ————–
Earnings per share- basic and diluted (Rupees)21.19 11.16

 

For more information, contact:
Shahnawaz Bldg.19-Dockyard
Road West Wharf
Karachi – 74000
Pakistan
Tel: 2312834, 2313934
Fax: 2310623
Email: jabutt@shahtajtextiles.com