Hala Enterprises Limited’s financial results for the 1st quarter ended September 30, 2011 | NewsUpdate | News and Press Releases from a wide range of Authentic and Reliable resources

Hala Enterprises Limited’s financial results for the 1st quarter ended September 30, 2011

 

Karachi: We have to inform you that the Board of Directors of our Company in their meeting held on Monday, October 31, 2011 at 02:00 P.M. at 120-E/I, Gulberg-III, Lahore the Registered Office of the Company, have approved Quarterly Results for the 1st Quarter Ended September 30, 2011.

1) Cash Dividend            Nil
2) Bonus Shares             Nil
3) Right Shares             Nil

The Financial Results of the Company are as follows:-

 

1st Quarter Ended

1st Quarter Ended

September 30, 2011

September 30, 2011

(Un-audited)

(Un-audited)

Rupees

Rupees

Sale 99,991,207 91,817,121
Cost of Sales  (90,694,408) (82,955,558)
 ———-  ———-
Gross Profit 9,296,799 8,861,563
Operating Expenses
– Selling and Distribution Costs  7,659,142  6,585,896
– Administrative Expenses 6,560,208 6,360,917
 ———- ———-
(14,229,350) (12,946,813)
 ———-  ———-
Operating (Loss)   (4,932,551)  (4,085,250)
Finance Cost (3,897,744)   (3,058,451)
Other operating expenses (62,500)  (62,500)
Other operating income   202,740   2,581,741
———-  ———-
(Loss)/ Profit before Taxation  (8,690,055) (4,624,460)
Taxation   (961,805)  (900,540)
 ———-  ———-
(Loss)/Profit after Taxation (9,651,860) (5,525,000)
 ———- ———-
Earnings per share-Basic (1.42)  (1.46)

 

For more information, contact:
Tahir Jahangir
Chief Executive
Hala Enterprises Limited
120 E/1, Gulber-3,
Lahore – 54660, Pakistan
Ph: 92-42-35761585-6
Fax: 92-42-35710235
E-mail: hala@halaenterprises.com
Web: www.halenterprises.com

 
 
 

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