International Steels Limited’s financial results for the half year ended 31-12-2011

Karachi: We are pleased to inform you that the Board of Directors of International Steels Limited (ISL) at their meeting held today, January 27, 2011 has decided as follows:

Financial Results:

The financial results for the half year ended December 31, 2011 are as follows:

 

(Rs.000.s)

1st Quarter ended

31-12-2011 31-12-2010
Sales (Net) 5,976,061
Cost of sales (5,637,668)
——— ——
Gross Profit 338,393
Administrative expenses (31,877) (66,415)
Selling and Distribution expenses (31,113)
Financial Charges (473,935) (51,962)
Other Operating Charges (148,274) (750)
Other Operating Income 51,516 59,573
——— ——
Loss before Taxation (295,290) (59,534)
Taxation 25,123 (687)
——— ——
Loss for the year (270,167) (60,241)
——— ——
(Loss)/ Earning per share – basic and diluted (0.62) (0.20)

 

You may please inform the members of the Exchange accordingly.

 

For more information, Contact
International Steels Limited
101 Beaumont Plaza, 10 Beaumont Road,
Karachi-75530, Pakistan
Phone: +92 21 111-019-019
Fax: +92 21 3501-0373
E-mail: info@isl.com.pk
Web: www.isl.com.pk

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