Ghandhara Nissan Limited’s board of directors meeting
1 min readKarachi: We have to inform you that a meeting of the Board of Directors of our Company was held on Thursday, the 29th September 2011 at 10:00 A.M. at Ghandhara House, 109/2, Clifton, Karachi and approved.
The following financial results:-
Based on the recommendations the answers to Para (1) to (v) of Form-3 are Nil.
| June 30, | June 30, | |
|
2011 |
2010 |
|
|
(Rupees in thousand) |
||
| Net revenue | 2,650,068 | 2,402,617 |
| Cost of sales | (2,397,795) | (2,283,238) |
| ——— | ——— | |
| Gross profit | 252,273 | 119,379 |
| Distribution cost | (30,865) | (29,807) |
| Administrative expenses | (111,432) | (106,305) |
| ——— | ——— | |
| Operating profit / (loss) | 109,976 | (16,733) |
| Finance cost | (175,977) | (147,328) |
| ——— | ——— | |
| (66,001) | (164,061) | |
| Other operating income | 41,938 | 14,245 |
| Share of profit of associated company | 8,570 | 26,209 |
| ——— | ——— | |
| Loss before taxation | (15,493) | (123,607) |
| Taxation | 22,590 | 34,714 |
| ——— | ——— | |
| Profit/ (Loss) after taxation | 7,097 | (88,893) |
| Other Comprehensive Income | – | – |
| ——— | ——— | |
| Total comprehensive income/ (loss) for the year | 7,097 | (88,893) |
| ——— | ——— | |
| Rupees | ||
| Earnings / (Loss) per share Basic and diluted | 0.16 | (1.98) |
The Annual General Meting (AGM) of the Company will be held at 2:00 P.M. on Thursday, the 27th October 2011 at Ghandhara House, 109/2, Clifton, Karachi.
The Share Transfer Books of the Company will be closed from 24th October 2011 to 31st October 2011 (both days inclusive).
For more information, contact:
Aqiel Amjad Ghani
Company Secretary
Ghandhara Nissan Limited
Ghandhara House
109/2, Clifton,
P. O. Box No. 3812
Karachi -75600 Pakistan,
Phones: 35830251-57
UAN: 111-190-190
Fax: 35830258