Latif Jute Mills Limited’s Financial Results for the Quarter Ended September 30, 2011
Karachi: We have to inform you that the Board of Directors of our Company in their meeting held on Wednesday – October 12, 2011 at 12:00 Noon at City Office 18/3, G/F, Mehran VIP Complex. Dr. Daud Pota Road. Near Cantt Station, Karachi recommended the following:
(I) Cash Dividend
An Interim Cash Dividend for the Quarter ended September 30, 2011 at Rs. Nil per share i.e. Nil %. This is in addition to Interim Dividend(s)-already paid at Rs. Nil per share i.e. Nil%.
(II) Bonus Shares
It has been recommended by the Board of Directors to issue Interim bonus Shares in proportion of Nil share(s) for every Nil shore(s) held is. Nil %. This is in addition to the Interim Bonus Shares already issued @ Nil %.
(10) Right Shares
The Board has recommended to issue Nil % Right Shares at par / at a discount / premium of Rs. Nil per share (s) for every Nil share (s). The entitlement of Right Shares being declared simultaneously will be / will not be applicable on Bonus Shares as declared above.
(iv) Any Other Entitlement / Corporate Action
(v) Any Other Price-Sensitive Information
The financial results of the Company are enclosed.
The above entitlement will be paid to the Shareholders whose name will appear in the Register of Members on—————-
The Share Transfer Books of the Company will be closed from ———— to ————– (both days inclusive). Transfers received at the City Office 18/3, G/F, Mehran VIP Complex, Dr. Daud Pota Road, Near Cantt Station. Karachi at the close of business on———-will be treated in time for the purpose of above entitlement to the transferees.
Profit and Loss Account for the Period Ended September 30, 2011
|30th Sept||30th Sept|
|Profit before taxation||111,365||725,335|
|Profit after taxation||35,540||599,564|
|Earning per share|
|Basic and diluted||17||0.01||0.17|
The annexed notes form an integral part of these financial statements.
For more information, contact:
Latif Jute Mills Limited
18/3, G/F, Mehran VIP Complex II,
DR. Dawood Pota Road,
Near Cantt, Station, Karachi.