Karachi: We are pleased to inform you that the Board of Directors of the Company in their meeting held today at Karachi recommended a cash dividend @ 200% (Rs.20.00 per share of Rs. 10.00 (2010: 100% i.e. Rs. 10.00 per share of Rs10.00).
The financial results of the Company arc as follows:-
|Year ended||Year ended|
|Rs. in ‘000’||Rs. in ‘000’|
|Cost of sales||8,252,920||6,400,820|
|Profit before taxation||1,199,030||722,994|
|Profit after taxation||782,605||494,845|
|Other comprehensive income for the year|
|Loss arising during the year on cash flow hedge||(79,725)||–|
|Add: Income tax relating to hedging reserve||27,192||–|
|Total comprehensive income for the year||730,072||494,845|
|Earnings per share (Rupees)||26.09||16.49|
The Annual General Meeting of the Company is proposed to be held at Karachi on Thursday, 22 March 2012 at 10.30 A.M., the date which has already been cleared by your office.
The Share Transfer Books of the Company for the entitlement of dividend will be closed from 15 March 2012 to 22 March 2012 (both days inclusive).
We will be sending you 300 copies of the printed accounts for distribution amongst the members of the Exchange in due course of time. Additionally, the accounts shall also be e-mailed to the Exchange by this evening at email@example.com in Portable Document Format (PDF) to enable the Exchange to place the same on its website. The accounts shall also be placed on the Company’s website (http://www.tripack.com.pk/Finance.htm).
Please convey the above information to the members of your Stock Exchange.
For more information, Contact:
Tri-Pack Films Limited
Plot No. G-1 to G-4,
North Western Industrial Zone,
Port Qasim Authority, Karachi.
Tel: (021) 34720244, 34720247-8
Fax: (021) 34720239-46-45