Fateh Industries Limited’s financial results for the year ended 30-06-2011

Karachi: We have to inform you that the Board of Directors of our company in their meeting held at 09:30 a.m. on Monday the 26th September, 2011 recommended the following;

The financial results of the Company for the year ended 30th June, 2011 are annexed.

The Annual General Meeting of the Company will be held on Monday the 31st October, 2011 at 09:30 a.m. at the registered office of the Company at Mirpurkhas Road, Hyderabad.

The Share Transfer Books of the Company will be closed from 25th to 31st October, 2011 (both days inclusive). Transfer received at the share department of the Company at Mirpurkhas Road, Hyderabad at the close of business on 24th October, 2011 will be treated in time.

Fateh Industries Limited

Profit and Loss Account for the year ended June 30, 2011

 

30-06-2011

30-06-2010

Rupees

Rupees

Sales 0 0
Cost of Sales 0 0
———-  ———-
Gross Profit/ (Loss) 0 0
Administration Expense 3,653,075 35,474,890
———- ———-
Operating Loss (3,653,015) (35,474,890)
Other Income 4,928 4,339
Exchange Gain 425,103 4,062,995
———- ———-
(3,222,944) (31,407,556)
9riancial Expenses 522 210
Other Charges 91,000 91,000
———- ———-
91,522 91,210
———- ———-
Loss before Taxation (3,314,466)  (31,498,766)
———- ———-
Taxation 0 0
———- ———-
Loss after Taxation (3,314,466) (31,498,766)
Other comprehensive income for the year
Unrealized gain/(loss) On revaluation of
investment – available for sale 598 15,979
Total comprehensive income for the year (3,313,868) (31,482,787)
———- ———-
Loss per share (1.66) (15.75)

 

For more information, contact:
Fateh Industries Limited
442 mipurkhas road
Hyderabad 71000, Pakistan
Tel: (0)22 3886263

Leave a Reply