Sind Fine Textile Mills Limited’s financial results for the quarter ended September 30, 2011
Karachi: We have to inform you that Board of Directors of our Company in their meeting held on October 28, 2011 at Principal Business Office, 3rd Floor Standard Insurance House, I.I. Chundrigar Road, Karachi recommended the following.
(I) CASH DIVIDEND NIL
(II) BONUS USARES NIL
(III) RIGHT SHARES NIL
The financial results of the Company are enclosed.
Profit and Loss Account For the First Quarter Ended September 30, 2011 (Un-Audited)
| Note | Un- Audited | Un-Audited | |
Sept. 30 | Sept. 30 | ||
2010 | 2010 | ||
Rupees | Rupees | ||
| Fixed factory expenses | (807,789) | (284,439) | |
| Administrative expenses | (156,302) | (69,430) | |
| Other operating income | 8 | 936,653 | 320,073 |
| ——- | ——- | ||
| Operating loss | (27,438) | (33,796) | |
| Financial charges | (2,819) | (1,658) | |
| ——- | ——- | ||
| Net loss for the year | (30,257) | (35,454) | |
| Taxation – current | (46,833) | (16,004) | |
| ——- | ——- | ||
| Loss after taxation | (77,090) | (51,458) | |
| ——- | ——- | ||
| Loss per share basic and diluted | 10 | (0.03352) | (0.02237) |
Appropriations have been reflected in the statement of changes inequity.
The annexed notes are an integral part of these financial statements.
For more information, contact:
Sind Fine Textile Mills Limited
3rd Floor Standard Insurance House,
I.I. Chundrigar Road, Karachi.
Tel: 2414584
Fax: 2419193
Email: sftml29@hotmail.com
Web: www.sindfinetextile.com
