AKD Capital Limited’s financial results for the half year ended 31 December 2011

February 13, 2012   Financial Results   No comments

Karachi: We have to inform you that the Board of Directors of our company in their meeting held or 10 February 2012 at 5:00 pm., at registered office of the Company recommended the following:

(i) CASH DIVIDEND

ANILND/OR

(ii) BONUS SHARES NIL

AND/OR

RIGHT SHARES NIL

AND/OR

(iv) ANY OTHER ENTITLEMENT /CORPQRATE ACTION NIL

AND/OR

(v) ANY OTHER PRICE-SENSITIVE INFORMATION

The financial results of the Company are as follows:

 

Half year ended

Quarter ended

31

31

31

31

December

December

December

December

2011

2010

2011

2010

Rupees

Rupees

Rupees

Rupees
INCOME
Gain/(loss) on re-measurement of investment at fair value through profit or loss (10751) 11,677 (5,452) 12,329
Dividend Income 23 – 23 –
Other income 2,210,327 100,000 913,863 100,000
——— ——— ——— ———
2,199,599 111,677 908,434 112,329
EXPENSES
Administrative expenses (1,606,855) (2,203,881) (616,653) (1,521,585)
——— ——— ——— ———
592,744 (2,092,204) 291,781 (1,409,256)
Finance cost (27,630) – (27,630) –
——— ——— ——— ———
Profit/ (loss) before taxation 565,114 (2,092,204) 264,151 (1,409,256)
Provision for taxation (64,917) (56,636) 40,420 –
——— ——— ——— ———
Profit/ (loss) after taxation 500,197 (2,148,840) 304,571 (1,409,256)
Other Comprehensive income – – – –
——— ——— ——— ———
Total comprehensive income 500,197 (2,148,840) 304,571 (1,409,256)
——— ——— ——— ———
Earnings (loss) per share – basic and diluted 0.20 (0.86) 0.12 (0.56)

 

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

For more information, Contact:
AKD Capital Limited
416- 418, Continental Trade Center,
Block 8, Clifton, Main Clifton Road,
Karachi, Pakistan.
PABXL: (92-21) 5302902-06,
Fax: (92-21) 5302913,
Email: info@akdcapital.com
Web: www.akdcapital.com

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