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Zeal Pak Cement Factory Limited’s financial result for the quarter ended March 31, 2011

Date: August 25, 2011 Author: Web Desk Category: Financial Results Tags: Short URL Comments: 1

Karachi: We have to inform you that the Board of Director of our company in their meeting held on Wednesday the 24th August, 2011 at 02:00 P.M. at PIC Tower 7th Floor, 32-A, Lalazar Drive, Moulvi Tamizuddin Road, Karachi recommended the following: -

(i) Cash Dividend

A final cash Dividend for the Quarter Ended March 31, 2011 at Rs. Nil per share i.e. Nil %. This in addition to interim Dividend (s) already paid at Rs. Nil per share i.e. Nil %.

And/Or

(ii) Bonus Shares

It has been recommended by the Board of Director to issue Bonus Shares in the proportion of Nil Share(s) for every Nil share(s) held i.e. Nil % this is in addition to the interim Bonus Shares already issued @ Nil %.

And/Or

(iii) Right Shares

The Board has recommended to issue Nil % Right Shares at part/at a discount/premium of Rs. Nil per share in proportion of Nil 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.

And/Or

(iv) Any Other Entitlement / Corporate Action

Nil

We have to inform you that the Board of Directors of the Company in its meeting held on August 24, 2011 has recommended the following:

Cash Dividend:        Nil

Bonus Shares:         Ni

Right Shares:         Nil

The financial result of the Company are as follows:

 

Nine Months ended

Quarter ended

March 31, 2011

March 31, 2010

March 31, 2011

March 31, 2010

(Rupees in ‘000)

(Rupees in ‘000)

Sales – net 163,599 211,520 113,315 77,285
Cost of Sales  (379,470) (410,038) (187,393) (110,573)
  ——-  ——- ——-  ——-
Gross (Loss) (215,871) (198,518) (74,078) (33,288)
Administrative expenses (8,335)  (14,996)  (3,059) (2,131)
Distribution cost (509)  (1,448)  (218)  (348)
——- ——-  ——- ——-
(8,844) (16,444) (3,277) (2,279)
Other Operating Expenses (646) (2,447)  (326)  (1,300)
Other Operating Income 570 442 163 58
 ——-  ——- ——-  ——-
(8,920) (18,469)  (3,440)  (3,721)
 ——- ——-  ——- ——-
Operating (Loss) (224,791) (216,987)  (77,518)  (37,009)
Finance Cost (37,435)  (54,031) (5,717) (18,426)
 ——-  ——- ——- ——-
(Loss) before taxation (262,226) (271,018)  (83,235) (55,435)
Taxation (818)  (1,058) (566) (387)
 ——- ——-  ——- ——-
(Loss) After taxation (263,044) (272,076)  (83,801) (55,822)
 ——- ——- ——-  ——-
(Loss) per share (Rs) – Basie (0.61) (0.64) (0.20)  (0.13)

 

For more information, contact:
Nouman Maqbool
Chief Financial Officer
Zeal Pak Cement Factory Limited
7th Floor, PIC Tower,
32-A, Lalazar Drive,
Moulvi Tamizuddin Road,
Karachi.
UAN: 111-111-104
Tel: 5611484-86
Fax: 5611357
Email: zpcfl@yahoo.com
Web: www.zealpak.com.pk

1 Comments
  1. Date: March 28, 2012
    Author: MUHAMMAD RIAZ KHAN

    SHARES TRADING WHEN OPEN PLEASE REPLY

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