Nishotnbad, Fnisalnbnd -
Pakistan,
Tel: 041-87.52111-14
rax : 041-87.50366
info@crcsccn1cotton.com
,.- ., CCML/CS/PSX/ � October 29, 2024
The General Manager,
The Pakistan Stock Exchange Limited,
Stock Exchange Building,
Stock Exchange Road
Off: I.I. Chundrigar Road,
Karachi,
Dear Sir,
Re: Financial Results For The 1ST Quarter Ended September 30, 2024
We have to inform you that the Board of Directors of Crescent Cotton Mills Limited in their Meeting held today at 11:30 a.m. at Faisalabad have recommended the following:
-
Cash Dividend
An Interim Cash Dividend for the quarter ended September 30, 2024 at Rs. Nil per share i.e Nil %. - Bonus Shares
It has been recommended by the Board of Directors to issue interim Bonus shares in proportion of Nil shares(s) for every Nil shares share(s) held i.e Nil
%
- Right Shares
The Board has recommended to issue Nil % shares at par/at a discount/ premium of Rs. Nil per share in proportion of Nil Share(s) being declared simultaneously will be /will not be applicable on Bonus shares as declared above.
The Unconsolidated financial results and consolidated financial results are attached.
Thanking you, | ||||||
Yours� ithfully, | ||||||
for | ent Cotton Mills Limited | |||||
llah Ch.) | ||||||
ny Secretary | ||||||
for information to: | ||||||
Director | (2). | The Joint Registrar | ||||
Securities & Exchange | Companies Registration Office, | |||||
Commission of Pakistan | Faisalabad Chamber Of Commerce | |||||
Supervision and Enforcement Department | and Industries Bldg, | |||||
NIC Building, 63 Jinnah Avenue, Blue Area, | 2nd Floor, East Canal Road, | |||||
Islamabad. | Faisalabad |
CRESCENT COTTON MILLS LIMITED
UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS ACCOUNT (Un-audited)
FOR THE FIRST QUARTER ENDED 30 SEPTEMBER 2024
30 September | 30 September |
2024 | 2023 |
(RUPEES IN THOUSAND)
CONTINUING OPERATIONS :
REVENUE FROM CONTRACTS WITH CUSTOMERS COST OF SALES
GROSS PROFIT
DISTRIBUTION COST
ADMINISTRATIVE EXPENSES
OTHER EXPENSES
OTHER INCOME
FINANCE COST
PROFIT/(LOSS) BEFORE TAXATION AND LEVY
LEVY
PROFIT/(LOSS) BEFORE TAXATION
TAXATION
PROFIT/(LOSS) AFTER TAXATION
FROM CONTINUING OPERATIONS
DISCONTINUED OPERATION :
1,544,275
(1,422,724)
121,551
(19,659)
(48,877)
(1,508)
11,712
(23,543)
(81,875)
39,676
(10,413)
29,263
(8,890)
20,373
1,653,809
(1,496,420)
157,389
(17,001)
(56,017)
(4,112)
12,829
(16,154)
(80,455)
76,934
(22,012)
54,922
-
54,922
PROFIT/(LOSS) AFTER TAXATION FROM | |||
DISCONTINUED OPERATION | (9,022) | 12,851 | |
PROFIT/(LOSS) AFTER TAXATION | |||
11,351 | 67,773 | ||
EARNINGS / (LOSS) PER SHARE - BASIC & DILUTED | |||
FROM CONTINUING OPERATIONS (RUPEES): | 0.90 | 2.42 | |
EARNINGS / (LOSS) PER SHARE - BASIC & DILUTED | |||
FROM DISCONTINUED OPERATION (RUPEES): | (0.40) | 0.57 | |