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Home » Financial Results

Siemens (Pakistan) Engineering Company Limited’s financial results for the three months period ended December 31, 2011

January 31, 2012

Karachi: The Board of Directors of our Company in their meeting held on January 30, 2012 at 16:00 hours at Lahore approved the financial results of the Company for the three months period ended December31, 2011 which are as follows:

 

Three months

Three months

period ended

period ended

December 31, 2011

December 31, 2010

Restated

(Rupees in ’000)

Net sales and services 3,469,919 4,388,840
Cost of sales and services (3,092,795) (3,645,362)
——— ———
Gross profit 377,124 743,278
Commission and allowances earned 10,314 12,509
——— ———
387,438 755,787
Marketing and selling expenses (207,517) (260,707)
General administrative expenses (72,970) (105,801)
Other operating income 3,560 896
——— ———
(276,927) (365,612)
———                 ———
Operating profit 110,611 390,175
Financial income 6,333 15,213
Financial expenses (38,349) (76,634)
——— ———
Net finance costs (32,016) (61,421)
——— ———
Profit before tax 78,495 328,754
Income tax expense (40,038) (122,451)
——— ———
Net profit for the period 38,459 206,303
——— ———
Basic and diluted earnings per share (Rupees) 4.56 25.02

 

 

For more information, contact:
Mohammad Rafi
Company Secretary
Siemens (Pakistan) Engineering Company Limited
B-72, Estate Avenue, S.I.T.E., Karachi
P.O. Box No: 7158
Tel: +92 (21) 3256 6212
Fax: +92(21) 3256 6803
Web: www.siemens.com
E-mail: mohammad.rafi@siemens.com

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