| |
| Profit
and Loss Account for the year ended June 30, 2007 |
|
Note
|
2007
Rupees ('000) |
|
2006
Rupees ('000)
|
|
| |
|
|
|
|
|
| Sales |
23
|
57,404,065 |
|
60,963,200 |
|
| Cost
of sales |
24
|
(56,628,114) |
|
(58,561,787) |
|
|
|
|
|
|
|
| Gross
profit |
|
775,951 |
|
2,401,413 |
|
| Distribution
cost |
24
|
(89,434) |
|
(84,752) |
|
|
Administrative
expenses
|
24
|
(134,977) |
|
(121,203) |
|
|
Other
operating expenses
|
25
|
(46,252) |
|
(185,246) |
|
|
Other
income
|
26
|
73,746 |
|
74,602 |
|
|
|
|
|
|
|
|
Operating
profit
|
|
579,034 |
|
2,084,814 |
|
|
Finance
costs
|
27
|
(81,718) |
|
(40,999) |
|
|
Share
of income of associate
|
|
6,949 |
|
19,568 |
|
|
|
|
|
|
|
|
Profit before taxation |
|
504,265 |
|
2,063,383 |
|
| Taxation |
28
|
(253,451) |
|
(718,441) |
|
|
|
|
|
|
|
| Profit
after taxation |
|
250,814 |
|
1,344,942 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Earnings
per share - basic and diluted |
29
|
Rs. 8.36 |
|
Rs. 44.83 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The
annexed notes form an integral part of these financial
statements.
|
|
|
FAROOQ
RAHMATULLAH
|
ZAFAR HALEEM
|
|
Chairman
|
Chief
Executive
|
|
|
|
