Javedan Corporation 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 Friday1ontober 07, 2011 at 05.00 pm. Recommended “No Announcement for any Entitlement”.
The Financial results of the Company are as follows:
|
Rupees in (000) |
||
| Particulars |
June 30, 2011 |
June 30, 2010 |
| Turnover | – | 610,134 |
| Cost of Sales | – | (657,227) |
| ——- | ——- | |
| Gross (Loss)/Profit | – | (47,093) |
| Distribution Cost | (204) | (9,260) |
| Administrative Costs | (71,625) | (23,358) |
| Other Operating income | 4,072 | 543,095 |
| Other Operating expenses | (797) | – |
| ——- | ——- | |
| (Loss)/Profit before Operation | (68,554) | 463,384 |
| Finance Cost | (489,937) | (587,424) |
| ——- | ——- | |
| (Loss)/Profit before taxation | (558,491) | (124,040) |
| Taxation | 427,645 | (4,876) |
| ——- | ——- | |
| (Loss) after taxation | (130,846) | (128,916) |
| ——- | ——- | |
| Basic and Diluted earnings per share-Rupees | (2.25) | (2.36) |
The Annual General Meeting of the Company will be held on Saturday Oct 29, 2011 at 8:00 pm at Beach Luxury Hotel.
The Share Transfer Books of the Company will be closed from October 23, 2011 to October 29, 2011 (both days inclusive).
For more information, contact:
Masoud Ali Khan
C.F.O. and Company Secretary
Javedan Corporation Limited
Perdesi House Survey No. 2/1,
R.Y. 16, Old Queens Road,
Karachi – 74000.
Fax: (92-21) 2470090
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