Karachi: We have to inform you that the Board of Directors of our company in their Meeting held on Wednesday the 29th February 2012 at 10:30 A.M. at Gammon House, Rawalpindi have recommended the following: –
(i) Cash Dividend:
An Interim Cash Dividend for the half year ended 31st December 2011@ Rs. Nil per share i.e. Nil %.
(ii) Bonus Issue:
It has been recommended by the Board of Directors to issue Interim Bonus Shares in proportion of Nil shares for every Nil share held i.e. Nil %.
(iii) Right Shares:
The Board has recommended t issue Nil % Right Shares at par/at premium of Rs. Nil per shares in proportion of Nil share for every NIL shares subject to the consent of the Controller Capital Issues.
(iv) Any Other Entitlement: Nil
The financial results of the company are as follow:-
Half Year Ended
(Rupees in thousands)
|Cost of Sales||327,418||286,970|
|Other Operating Expenses||9,273||9,499|
|Other Operating Income||(1,237)||(574)|
|Profit from Operations||102,439||100,175|
|Share of Profit of Associated Companies||16,568||41,769|
|Profit before Taxation||107,715||133,955|
|Profit after Taxation||107,971||134,371|
|Earning / (Loss) per Share||14.20||17.67|
Previous corresponding half year figures have been restated wherever necessary for the purpose of comparison.
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:
Bannu Woollen Mills Limited
C/O Janana De Malucho Textile Mills Limited