Pakistan Telephone Cables Limited’s financial results for the first quarter (un-audited) ended September 30, 2011

Karachi: We have to inform you that the Board of Directors in their meeting held today at 11:30 hours have approved Financial Statements (un-audited) for the First quarter ended September 30, 2011. The Financial Results of the Company are as follows;

 

July 01-Sept. 30, 2011

July 01-Sept, 30, 2010

Rupees

Rupees

Sales 114,454,806 9,090,893
Cost of Sales (135,547,799) (16,464,042)
 ———–  ———-
Gross Profit (Loss) (21,092,993)  (7,373,149)
Operating Expenses
Administrative expenses  5,319,943 3,546,622
Selling and distribution 1,041,636  269,570
  ———–  ———-
 (6,361,579) (3,816,192)
 ———– ———-
Operating Profit (Loss) (27,454,572)   (11,189,341)
Finance Cost   (4,952,506) (4,197,057)
  ———–  ———-
 (32,407,078)  (15,386,398)
Other Income / (Charges)  –
  ———–  ———-
Profit (Loss) Before Taxation (32,407,078) (15,386,398)
Provision for Taxation
Current (1,144,548) (90,909)
 ———–  ———-
(1,144,548)  (90,909)
———– ———-
Profit / (Loss) After Taxation  (33,551,626)  (15,477,307)
———– ———-
(Loss) per share – basic and diluted (1.60) (0.74)
  ———–  ———-
Dividend   Nil  Nil

 

For more information, contact:
Aftab Safder Cheema
Chief Financial Officer
Pakistan Telephone Cables Limited
E-3, Block-17, Al-Raee Avenue,
Behind National Stadium, Gulshan-e-Iqbal,
Karachi-75800 (Pakistan).
UAN: 111 111 905
Ph: (+92-21) 3481-5840-4
Fax: 021-3480-2943
Email: info@ptclcables.com
Website: www.ptcl.com

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