Taha Spinning Mills Limited’s financial results for the quarter ended 30-09-2012

Karachi, November 01, 2012 (PPI-OT): 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 4.00 p.m. on Wednesday the 31st October, 2012 recommended the following.

(i) Cash Dividend               Nil

(ii) Bonus Issue                Nil

(iii) Right Shares              Nil

(iv) Any Other Entitlement      Nil

Profit and Loss Account is attached.

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

Profit and Loss Account for the Period Ended September 30, 2012

September

September

Note

30, 2012

30, 2011

Rupees

Rupees

Sales-Net

-

-

Cost of sales

-

-

———

——-

Gross Profit/ (loss)

-

-

Administrative expenses

(620,875)

(247,875)

Finance cost

-

(600)

———

——-

(620,875)

(248,475)

———

——-

(Loss) before taxation

(620,875)

(248,475)

———

——-

Taxation:-
Current

-

-

Deferred

5,430,956

-

———

——-

Profit/ (Loss) for the period

4,810,081

(248,475)

———

——-

Profit/ (Loss) per share (Basic and diluted)

1.19

(0.06)

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