Dynea Pakistan Limited’s financial results for the year ended June 30, 2012

Karachi, September 12, 2012 (PPI-OT): We have to inform you that the Board of Directors of the company in their Meeting held at 3:30 P.M. on Tuesday September 11, 2012, recommended the following:

CASH DIVIDEND        30% (Rs 1.50 per share)

BONUS ISSUE         NIL

RIGHT SHARES        NIL

The financial results of the company for the year ended June 30, 2012 are:

2012

2011

Rupees

Turnover – net

2,151,496,044

1,721,550,342

Cost of sales

(1,796,711,969)

(1,478,541,997)

————–

————–

Gross profit

354,784,055

24,008,345

Distribution costs

(126,411,697)

(113,627,910)

Administrative expenses

(39,503,913)

(33,032,662)

————–

————–

(165,915,610)

(146,660,572)

Other Operating Income

7,188,941

941,011

————–

————–

Operating Profit

196,057,386

103,288,784

Finance Costs

(22,379,912)

(19,830,727)

Other Charges

(11,805,086)

(5,758,606)

————–

————–

(34,184,998)

(25,589,333)

————–

————–

Profit before taxation

161,872,388

77,699,451

Taxation

(58,964,749)

(26,140,122)

————–

————–

Profit after taxation

102,907,639

51,559,329

————–

————–

Basic and diluted earnings per share (Rs.)

5.45

2.73

The Annual General Meeting of the Company will be held at 12:00 PM. on Thursday the 25th October, 2012 at the ICAP Auditorium, ICAP Building, Chartered Accountants Avenue, Clifton, Karachi. The Share Transfer books of the Company will remain dosed from 19th October, 2012 to 25th October, 2012 (both days inclusive).

For more information, contact:
Muhammad Shakeel Uddin
Company Secretary
Dynea Pakistan Limited
Plot Nos. A-101, 102,
103,134,135 and 136,
S.I.T.E., Hub Chowki,
District Lesbella, Balochistan.
Phones: (0853) 3637106-9
Fax: (0853) 363907-303696

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