Taha Spinning Mills Limited’s financial results for the half year ended 31.12.2011

Karachi: We have to inform you that the Board of Directors of our company in their meeting held at 406-Commerce Centre, Hasrat Mohani Road, Karachi, at 3.00 p.m. on Wednesday the 29th February, 2012 recommended the following:

Cash Dividend             Nil

Bonus Issue               Nil

Right Shares              Nil

Any Other Entitlement     Nil

Profit and Loss Account is attached.

Since the board has made no announcement, therefore share transfer hooks of the company will not be closed.

We will be sending you 300 copies of printed accounts for distribution amongst the members of the Exchange.

Taha Spinning Mills Limited

Condensed interim Profit and Loss Account

Half year ended December 31, 2011

 

Half year endedQuarter ended
December 31,December 31December 31,December 31
2011201020112010
RupeesRupeesRupeesRupees
Salts – Net----
Cost of sale----
————————————————
Gross profit----
Administrative expenses(1,097,357)(1,105,394)(809,482)286,625
Finance cost(1,316)(2,642,028)(716)(1,259,204)
————————————————
Loss before taxation(1,098,673)(3,747,422)(810,198)(972,579)
Taxation----
————————————————
Loss for the period(1,098,673)(3,747,422)(810,198)(972,579)
————————————————
Earnings per share (Basic and diluted)(0.27)(0.93)(0.20)(0.24)

 

The annexed notes form an integral part of these financial statements.

For more information, Contact:
Taha Spinning Mills Limited
406 Commerce Centre,
Hasrat Mohani Road,
Karachi, Pakistan
Tel: 32638521-4
Fax: 32639843
E-mail: tsml@hmiml.com