January 25, 2021

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Dandot Cement Company Limited’s financial results for the period ended December 31, 2011

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Karachi: We have to inform you that the Board of Directors of am- Company in their Meeting held on Wednesday, March 21. 2012 at 3:30 p.m. recommended the following: 1. [...]

Karachi: We have to inform you that the Board of Directors of am- Company in their Meeting held on Wednesday, March 21. 2012 at 3:30 p.m. recommended the following:

1. Cash Dividend          Nil

2. Bonus Issue            Nil

3. Right Shares           Nil

The financial results of the Company are attached herewith.

Dandot Cement Company Limited

Condensed Interim Profit and Loss Account (Un-Audited)

For The Half Year Ended December 31, 2011

 

Second Quarter ended Half year ended
Dee, 2011 Dec, 2010 Dec, 2011 Dec, 2010
Note (Rupees in thousand) (Rupees in thousands)
Sales (Net) 239,378 189,302 499,718 189,302
Cost of sales 12 318,417 263,757 673,887 325,731
——— ———- ———– ———-
Gross loss (79,039) (74,455) (174,169) (136,429)
Operating Expenses
Distribution costs 888 1,085 1,708 1,182
Administrative expensive 10,799 5,961 18,689 9,538
——— ———- ———– ———-
11,687 7,046 20,397 10,720
——— ———- ———– ———-
Operating loss (90,726) (81,501) (194,566) (147,149)
Finance costs 13 (6,941) (69,726) (8,440) (133,584)
Other Income 89 81 106 9,031
——— ———- ———– ———-
(6,852) (6,964) (8,334) (124,553)
——— ———- ———– ———-
Loss before taxation (97,578) (151,146) (202,900) (271,702)
Taxation:
Current 14
Deferred (60,224) (60,224)
——— ———- ———– ———-
(60,224) (60,224)
——— ———- ———– ———-
Net Loss after taxation (97,578) (90,922) (202,900) (211,478)
——— ———- ———– ———-
Loss per weighted average shares- Basic (Rupees) (1.03) (0.96) (2.14) (2.23)

 

For more information, contact:
Dandot Cement Company Limited
30 Sher Shah Block,
New Garden Town Lahore, Pakistan
Tel: +92-042-5869827, 5842316
Fax: 092-042-5831846

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