Grays Cambridge (Pak) Limited’s financial results for the year ended June 30, 2011

Karachi: We have to inform you that the Board of Directors of our company in their meeting held on September 20, 2011 at 02.00 p.m. at Small Industries Estate, Sialkot recommended the following:

Cash Dividend

A final Cash Dividend for the year ended June 30, 2010 at Rs, 1.00 per share i.e. 10%.

The financial results, of the Company are as follow:

 

2011

2010

Rupees

Rupees

Sales   195,409,482 180,193,988
Cost of Sales   (131,991,183) (111,654,786)
 ———–  ———–
Gross Profit 63,418,299 68,539,202
Distribution Cost  (23,992,787)  (22,925,327)
Administrative Expenses  (19,507,331) (191,135,767)
Other Operating Expenses  (4,605,353)  (5,679,261)
———– ———–
(48,105,471)  (47,740,355)
 ———–   ———–
15,312,828 20,798,847
Other Operating Income 1,149,077  994,506
 ———–  ———–
Profit from Operating1oss 16,461,905  21,793,353
Finance Cost  (599,488) (697,333)
 ———– ———–
15,862,417 21,096,020
Share of Loss from Associated company  (15,816,417) (43,993,956)
———–  ———–
Profit / (Loss) before Taxation 46,000 (22,897,938)
Taxation
Current  (2,496,550) (1,596,507)
Share of tax of associated company (619,304)  6,233,867
———–  ———–
  (3,115,854)  4,637,360
———– ———–
Loss after Taxation  (3,069,854)  (18,260,576)
———–  ———–
Loss per Share Basic and Diluted (0.42)  (2.48)

 

For more information, contact:
Grays Cambridge (Pak) Limited
P. O. Box: 98, Small Industries,
Estate, Sialkot – 4, Pakistan
Tel: +92-52-3563051-52
Fax: +92-52-355l252
E-mail: info@grayspak.com

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