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Financial Results

Yousaf Weaving Mills Limited’s financial results for the year ended June 30, 2011

Karachi: We have to inform you that Board of Directors of our Company in their meeting held at 12:00 noon on Saturday, October 08, 2011 has recommended no cash dividend, bonus or right issue of the shares, The financial results of the company are as follows:

 

June 30, 2011

June 30, 2010

(Rupees)

(Rupees)

Sales – net 3,829,250,590 2,627,386,825
Cost of Sales (3,464,239,520) (2,392,701,108)
————- ————-
Gross Profit  365,011,070 234,685,717
Operating Expenses:
Distribution Cost (91,634,490) (78,665,381)
Administrative Cost (64,265,452) (45,192,502)
————- ————-
 (155,899,942) (123,857,883)
————- ————-
Operating Profit  209,111,128 110,827,834
Other Operating Charges (9,179,654) (2,048,266)
Finance Cost  (104,365,047) (83,926,524)
Other Operating income 23,846,863 3,045,253
————- ————-
Profit before Taxation 19,413,290  27,898,297
Taxation (58,877,854)  (20,963,913)
————- ————-
Profit for the year 60,535,436 6,934,384
 ————- ————-
Earnings per Share – Basic 1.51  0.17

 

For more information, contact:
Muhammad Jahangir Khan
Corporate Secretary
Yousaf Weaving Mills Limited
31-F, Main Market Gulberg II,
Lahore – Pakistan.
Tel: 042-35755774
Fax: 042-35755760

yousaf-weaving-mills-limited%e2%80%99s-financial-results-for-the-year-ended-june-30-2011

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