Thal Limited’s financial results for the half year ended December 31, 2011 (Un-Audited)

Karachi: We are pleased to inform you that the Board of Directors of the Company in their meeting held on February 14, 2012 at 3:00 PM have approved the unaudited half yearly accounts for the half year ended December 31, 2011 for submission to the Shareholders and the Stock Exchanges as required under section 245 of the Companies Ordinance 1984.

Cash dividend:

An interim Cash Dividend for the half year ended December 31, 2011 @ Rs 1.25 per share i.e. 25%.

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

 

(Rs. in 000′s)
Half – Year ended Quarter ended
December 31, 2011 December 31, 2010 December 31, 2011 December 31, 2010
Turnover- net 5,809,205 4,951,375 2,886,091 2,520,738
Cost of Sales 4,784,293 3,927,827 2,420,187 2,013,292
——— ——— ——— ———
Gross Profit 1,024,912 1,023,548 465,904 507,446
Distribution Costs (71,681) (61,584) (36,401) (31,135)
Administrative expenses (141,397) (133,322) (76,345) (70,678)
Other Operating Income 124,146 133,092 41,756 55,173
——— ——— ——— ———
(88,932) (61,814) (70,990) (46,640)
——— ——— ——— ———
Operating Profit 935,980 961,734 394,914 460,806
Finance Costs (62,928) (67,667) (31,644) (33,127)
Other Charges (55,984) (61,689) (19,653) (29,509)
——— ——— ——— ———
(118,912) (129,356) (51,297) (62,636)
——— ——— ——— ———
Profit before Taxation 817,068 832,378 343,617 398,170
Taxation (255,491) (213,590) (110,082) (78,399)
——— ——— ——— ———
Profit after Taxation 561,577 618,788 233,535 319,771
——— ——— ——— ———
Rupees Rupees Rupees Rupees
(Restated) (Restated)
Basic and diluted Earnings per share 7.62 8.40 3.17 4.34

 

The Interim Dividend will be paid to the shareholders whose name appear in the Register of the members on March 8, 2012.

The Share transfer book of the Company will remain closed from Thursday, March 9, 2012 to Friday, March 16, 2012 (both days inclusive) in order to determine the entitlement to the above interim dividend. Shares may be lodged for transfer with our Registrar M/S Noble Computer Services (Pvt) Ltd., First Floor House of Habib Building (Siddiqsons Tower) 3-Jinnah C. H. Society, Main Shahrah-e-Faisal, Karachi.

 

We will be sending you 300 copies of printed accounts for distribution amongst the members of the Exchange in due course of time.

For more information, Contact:
Thal Limited
4th Floor, House of Habib, 3-Jinnah C. H. Society,
Block 7/8, Shahrah Faisal, Kargchi-75350
Tel: (92-21) 431-2030
Fax: (92-21) 431-2318
E-mail: tl@hoh.net
Web: www.thallimited.com

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