Zahidjee Textile Mills Limited’s financial results for the half year ended December 31, 2011

Karachi: This is to inform you that the Board of Directors of our company in their meeting held on Tuesday February 28, 2012 at 04:30 P.M at the registered office of the Company, recommended the following:

Cash Dividend/ Bonus Shares/ Right Shares /Other Entitlement

Nil

The Financial results of the company are as follows:

 

Half Year Half Year
Jul-Dec Jul-Dec
2011 2010
Rupees Rupees
Sales 1,779,536,762 2,304,615,433
Cost of goods sold 1,696,613,419 2,006,698,501
————- ————-
Gross profit 82,923,343 297,916,932
Other operating income 13,314,147 51,238,992
————- ————-
96,237,490 349,155,924
Distribution cost 34,243,138 28,072,348
Administrative expenses 23,531,583 17,045,952
Other operating expenses 54,098,573 29,618,024
Finance cost 64,917,738 105,501,960
————- ————-
176,791,032 180,238,284
Share of (loss) of associate (29,353,612)
————- ————-
Profit / (loss) for the period
Before taxation (80,553,542) 139,564,028
Provision for taxation 10,272,821 45,056,120
————- ————-
Profit / (loss) for the period (90,826,363) 94,507,908
————- ————-
Earnings per share – Basic and diluted (2.67) 2.78

 

We will be sending you 300 copies of printed accounts for distribution amongst the members of the exchange.

For more information, Contact:
ZahidJee Textile Mills Limited
20, Bilal Road, Civil Lines,
Faisalabad- Pakistan
Tel: +92 41 2649340, 2409224-23
Fax: +92 41 2615421
E-mail: zahidjee@zahidjee.com.pk
URL: www.zahidjee.com.pk

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