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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