D.M. Textile Mills Limited’s financial results for the half year ended 31 December 2011

Karachi: We have to inform you that the Board of Directors of our company in their Meeting held at 12 Noon on February 25, 2012 have not recommended any dividend.

 

Half Year Ended

31 December

31 December

2011

2010

(Rupees)

Sales 22,550,131 446,227,199
Cost of Sales (35,125,455) (428,021,366)
———- ———–
Gross (Loss) / Profit (12,575,324) 18,205,833
Distribution Cost (318,860) (1,161,546)
Administrative Expenses (6,170,911) (9,810,584)
Other Operating Expenses (186,890) (856,164)
———- ———–
(6,676,661) (11,828,294)
———- ———–
(19,251,985) 6,377,539
Other Operating Income 359,808 167,384
———- ———–
(Loss) / Profit from Operations (18,892,177) 6,544,923
Finance Cost (15,872,841) (18,977,274)
———- ———–
(Loss)/ Profit before Taxation (34,765,018) (12,432,351)
Provision for Taxation 4,960,839 (1,596,605)
———- ———–
(Loss) / Profit after Taxation (29,804,119) (14,028,956)
———- ———–
(Loss)/ Earnings per Share-Basic
and Diluted (9.76) (4.60)

 

The share transfer books of D.M. Textile Mills Limited (DMTX) remained closed from 17-02-2012 to 25-02-2012 as required under the proviso No. 37 (XXVI) of the code of Corporate Governance of the Exchange.

(We will be sending you 100 copies of printed accounts for distribution amongst the members of the exchange in due course of time).

For more information, Contact:
D.M. Textile Mills Limited
Westridge, Rawalpindi – Pakistan
Chief Executive: 5480156 – 5476910,
Fax: (92-21) 5472755
Sales: 5480157 – 54744683,
E-mail: dmtm@dmtextile.com.pk
Web: www.dmtextile.com.pk

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