The Thal Industries Corporation Limited’s financial results for the quarter ended 31-12-2012

Karachi, January 28, 2013 (PPI-OT): We have to inform you that the Board of Directors of our Company in their meeting held on Monday the 28th January 2013 at 10.30 a.m. at the Registered Office at 23-Pir Khurshid Colony, Gulgasht, Multan recommended the unaudited accounts of the Company for the 1st Quarter ended 31-12-2012.

The Financial Results of the Company are as follows:

31 December 2012

31 December 2011

Rupees

Rupees

Sales-net

1,414,512,687

1,304,996,801

Cost of Sales

(1,261,803,691)

(1,267,188,537)

————-

————-

Gross profit/ (loss)

152,708,996

37,808,264

Operating expenses
Distribution and selling expenses

(15,863,838)

(6,546,603)

Administrative Expenses

(41,629,721)

(37,259,420)

————-

————-

(57,493,559)

(43,806,023)

————-

————-

Operating profit/ (loss)

95,215,437

(5,997,759)

Other Operating Income

2,712,721

2,211,153

————-

————-

97,928,158

(3,786,606)

Finance Cost

(51,193,720)

(60,216,829)

Other Expenses

(3,207,265)

-

————-

————-

(54,400,985)

(60,216,829)

————-

————-

Profit/ (loss) before taxation

43,527,173

(64,003,435)

Taxation:
Current

(15,234,511)

(13,049,968)

————-

————-

Profit/ (loss) before taxation

43,527,173

(64,053,435)

Taxation:
Current

(15,234,511)

(13,049,968)

————-

————-

Profit/ (loss) after taxation

28,292,662

(77,053,403)

————-

————-

Other comprehensive income/ (loss)
for the period

-

-

————-

————-

Total comprehensive Profit/ (loss) for the
Period

28,292,662

(77,053,403)

————-

————-

Earnings per Share-Basic and diluted

1.88

(5.13)

For more information, contact:
Wasif Mahmood
Company Secretary
The Thal Industries Corporation Limited
23-Pir Khurshid Colony,
Multan, Pakistan.
Phone: 061-6524675, 6524621
Fax: 061-6524676

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