GoodLuck Industries Limited’s financial results for the half-year ended December 31, 2011, (un-audited)

Karachi: This is to inform you that half-yearly accounts for the period ended December 31, 2011 (Un-audited) was approved in the meeting of the Board of Directors of the Company held on 15th February 2012.

It was decided that no interim dividend be declared for the half year ended December 31, 2011.

The financial result of the Company for the half-year ended 31st December 2011 is enclosed herewith for announcement and information of the members.

Condensed Interim Profit and Loss Account (Un-Audited) for the Half Year Ended December 31, 2011

 

Half year ended Quarter ended
Notes Dec-11 Dec-10 Oct-Dec 11 Oct-Dec 10
Rupees Rupees
Sales 200,907,402 206,310,010 123,374,830 115,063,377
Cost of sales 6 196,827,385 200,246,346 121,136,439 111,613,809
———– ———– ———– ———–
Gross Profit 4,080,048 6,063,664 2,238,392 3,449,568
Administrative expenses 2,777,468 3,140,133 1,584,150 1,650,132
Selling expenses 20,400 79,476 20,400 71,804
Other charges 86,120 186,782 43,453 116,472
———– ———– ———– ———–
2,885,988 3,406,391 1,648,003 1,838,408
1,194,059 2,657,274 590,388 1,611,160
———– ———– ———– ———–
Financial charges 5,073 137,074 4,077 89,647
———– ———– ———– ———–
Profit before taxation 1,186,986 2,520,200 586,311 1,621,513
Taxation
– Current 449,888 2,063,100 275,574 1,150,634
– Prior 7,872 7,872
– deferred (225,321) (20,097) (58,870) (10,033)
———– ———– ———– ———–
224,566 2,050,875 216,703 1,148,473
———– ———– ———– ———–
Profit after taxation 964,420 469,324 369,608 373,041
Other comprehensive Income
———– ———– ———– ———–
Total comprehensive Income 964,420 469,324 369,608 373,041
———– ———– ———– ———–
Basic Earnings per Share 7 3.21 1.58 1.23 1.24

 

 

The annexed notes from 1 to 10 form an integral part of this condensed interim financial information.

For more information, Contact:
GoodLuck Industries Limited
S-49/A, S.I.T.E, Mauripur Road,
Karachi, Pakistan.
Phone: 92-21-32354361-64, 32354929, 37664207
E-mail: goodluckindltd@live.com

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