Descon Chemicals Limited’s financial results for the quarter ended September 30, 2011

October 21, 2011   General Press Releases   No comments

Karachi: We have to inform you that the Board of Directors of our Company in their meeting held on Friday, October 21, 2011 at 03:00 pm, at Descon Headquarters, 18-KM Ferozepur Road Lahore have recommended the following financial results of the Company

 

Quarter ended

September 30,

September 30,

2011

2010

(Rupees in Thousands)
Sales-net 649,955 637,566
Cost of sales (598,045)  (553,550)
————- ———–
Gross profit / (Loss) 51,909 84,016
7.99% 13,18%
Operation Expenses:
Distribution costs  (13,813) (25,035)
Administrative expenses (11,461) (17,556)
 ————- ———–
(25,274)  (42,591)
 ————- ————
Operating Profit / (Loss) 26,635 41,425
Other operating expenses (335) (380)
Finance cost  (36,526 (43,069)
Other operating income 11,542 2,600
————- ———–
Profit / (Loss) before Taxation 1,299 576
Share of net profit / profit / (loss) of Associated  369  –
undertaking
————- ————
Profit / (Loss) before the taxation 1,668 576
Taxation  (6,500) (6,375)
 ————-  ————
Profit / (Loss) after Taxation for the period  (4,832) (5,799)
————- ————
Loss per Share-Basic (0.02)  (0.03)

 

For more information, contact:
Abdul Sohail
Company Secretary
Descon Chemicals Limited
Descon Headquarters, 18-Km,
Ferozepur Road, P.O. Box 1201,
Lahore – 54760, Pakistan,
UAN: 111 DESCON (337266)
T: +92 (42) 3592 3721- 7
F: +92(42) 3592 3749
E: Info@descon.com
Web: www.descon.com

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