Indus Motor Company Limited’s financial results for the year ended June 30, 2011
Karachi: We have to inform you that the Board of Directors of’ our Company in their meeting held on Wednesday, August 24, 2011 at 10:00 a.m. at our Registered office / Factory, Indus Motor Company Limited (INDU) (Port Qasim), Karachi, recommended the following:
A final Cash Dividend for the year ended June 30, 2011 at Rs. 10/- per share i.e. 100%. This is in addition to Interim Dividend already paid at Rs, 5/- per share i.e. 50%.
Profit and Loss Account
For the Year Ended June 30, 2011
(Rupees in ‘000)
|Cost of sales||57,613,542||55,236,625|
|Other operating expenses||355,796||416,106|
|Other operating income||1,507,878||1,796,075|
|Profit before taxation||4,011,455||5,242,539|
|Profit after taxation||2,743,384||3,443,403|
|Earnings per share||34.90||43.81|
The Annual General Meeting (AGM) or the Company will he held cm Friday, September 30, 2011 al. 9:00 a.m. at Pearl Continental Hotel, Karachi
The ahove entitlement will he paid to the shareholders whose names will appear in the Register of the members on September 22, 2011.
The Share Transfer Books of the Company will be closed from September 23, 2011 to September 30, 2011 (both days inclusive). Transfers received at the Company’s Share Registrar at “M/s. Noble Computer Services (Private) Limited, Shares Department, First Floor, House of Habib Building (Siddiqsons Tower), 3-Jinnah Cooperative Housing Society, Main Shahrah-e-Faisal, Karachi-75350 (Tel: 34325482-87)” at the close of business on September 22, 2011, will be treated iii time for the purpose of above entitlement to the transferees.
For more information, contact:
Mustafa Hasan Lakbani
Indus Motor Company Limited
Plot No. N.W.Z/1/P-1, Port Qasim Authority,
Tel: (021) 34720041-48
Fax: (92-21) 34720038