Tag Archives: Asim Textile Mills Limited

Asim Textile Mills Limited’s financial results for the year ended 30.06.2012

Karachi, October 9, 2012 (PPI-OT): We have to inform you that the Board of Directors of our company in their meeting held on 08th October 2012 at 9:30 A.M. approved the following financial results:-

Year Ended

30.06.2012

30.06.2011

Rupees

Rupees

Sales-net

1,054,932,445

1,094,822,078

Cost of sales

1,010,182,188

1,035,393,839

Gross Profit

44,750,257

59,428,239

Operating expenses:
Distribution costs

480,706

Administrative expenses

12,835,601

12,599,640

Other expenses

3,352,151

3,352,895

Finance cost

461,991

360,960

Other operating income

8,675,833

1,940,295

Profit before taxation

36,776,347

44,574,333

Taxation

7,538,580

6,048,847

Profit for year

29,237,787

38,525,486

Earning per share-basic

1.93

2.54

The Annual General Meeting of members of the company will be held at registered office JK House, 32-W, Susan Road, Madina Town, Faisalabad at 9:30A.M on 31.10.2012 with book closure from 26.10.2012 to 01.11.2012. (Both days inclusive).

For more information, contact:
Asim Textile Mills Limited
Mills: 32 K. M., Faisalabad,
Sheikhupura Road,
Tel: 041-4689336, 4689690-2
Fax: 041-4689693