Karachi: We have to inform you that the Board of Directors of our company in their Meeting held at 11:00 a.m. on Wednesday, October 5, 2011 recommended the following:
A final Cash Dividend for the year ended June 30, 2011 at Rs. 1.00 per share i.e. 10%.
The financial results of the Company are as follows:
(Rupees in Thousand)
|Cost of Sales||1,664,082||1,095,568|
|Administrative and General||26,474||23,046|
|Selling and Distribution||2,853||1,103|
|PROFIT BEPORE TAXATION||79,623||76,030|
|PROFIT AFTER TAXATION||54,242||47,532|
|Basic earning per share – (Rupees)||18.08||15.84|
The Annual General Meeting of the Company will be held at 10:00 a.m. on October 31, 2011 at the Registered Office of the Company at A-601/A, City Towers, 6-K, Main Boulevard, Gulberg-II, Lahore.
The above entitlements will be paid to the shareholders whose names will appear in the Register or Members on October 24, 2011.
The Share Transfer Books of the Company will be closed from 25-30-2011 to 31-10-2011 (both days inclusive). Transfers received at Corplink (Pvt.) Limited, Wings Arcade, 1-K, Commercial, Model Town, Lahore, the Registrar and Shares Transfer Office of the Company by the close of business on October 24, 2011 will be treated in time for the purpose of above entitlement to the transferees.
For more information, contact:
Mian Aamir Naseem
Shadab Textile Mills Limited
A-601/A, City Towers,
6-K, Main Boulevard,
Tel: (042) 35788714-16
Fax: (042) 35788718