DADABHOY CEMENT INDUSTRIES LIMITED
COMPANY INFORMATION
BOARD OF DIRECTORS
Mr. Fazal Karim Dadabhoy | Chief Executive |
Mr. Danish Dadabhoy | |
Mr. Shahban Ali | |
Mr. Jumma Baig | |
Mr. Mohammad Zaman | |
Mr. Munir Hussain | |
Mr. Liaquat Hussain |
CHIEF FINANCIAL OFFICER
Mr. Aslam Motan
COMPANY SECRETARY
Mr. Muhammad Rashid.
AUDITORS
M/s. S.M. Suhail Co., Chartered Accountants
LEGAL ADVISOR
Mr. Salim Thepdawala & Company
BANKER
Silk Bank Limited
Bank Al Habib Limited
REGISTERED OFFICE
Noor Centre Office No.4, 2nd Floor
Plot No. 30-C Ittehad Lane 12
Phase VII D.H.A, Karachi.
Tel : 021-35312007-9
URL : www.mhdadabhoy.com
SHARE REGISTRAR
Formerly M/s. Technology Trade (Pvt) Ltd.
Dagia House, 241-C, Block 2, P.E.C.H.S.
Off Shahrah-e-Quaideen, Karachi.
Telephone No. 43913 16-17, Fax No. 4391318
FACTORY
Nooriabad Deh Kalu Kohar,
District Dadu (Sindh)
HUMAN RESOURCE & REMUNERATION COMMITTEE
Mr. Jumma Baig | Chairman |
Mr. Danish Dadabhoy | Member |
Mr. Fazal Karim Dadabhoy | Member |
AUDIT COMMITTEE
Mr. Shahban Ali | Chairman |
Mr. Danish Dadabhoy | Member |
Mr. Fazal Karim Dadabhoy | Member |
DADABHOY CEMENT INDUSTRILES LIMITED
DIRECTORS' REPORT
In the name of Allah, the Most Merciful and the Most Benevolent
The directors of the company are pleased to present the Annual report and the audited financial statements for the half year ended December 31, 2024 together with the auditor's report thereon.
FINANCIAL POSITION AT A GLANCE
The Comparative financial results of the company are summarized below:
Half Yearly Ended 31 | ||
December | ||
2024 | 2023 | |
--- (Rupees in '000) --- | ||
Sales-Net | - | - |
Cost of sales | - | - |
Gross profit | - | - |
Administrative expenses | (9,495) | (9,821) |
Finance cost | - | - |
Operating loss | (9,495) | (9,821) |
Other charges | (38) | (38) |
Other income | 8,739 | 11,758 |
(Loss) / Profit before taxation | (794) | 1,899 |
Taxation | (586) | (147) |
(Loss) / Profit after taxation | (1,380) | 1,750 |
(Loss) / Profit per share | (0.01) | 0.02 |
BUSINESS PERFORMANCE HIGHLIGHTS
The Company's performance from a business viewpoint remained status quo this year and the focus was on preparing and developing a strong strategic and financial plan. We are confident that in the coming years, the Company's performance will see an upward growth.
HALF YEARLY DIRECTORS' REVIEW REPORT
DADABHOY CEMENT INDUSTRILES LIMITED
FUTURE OUTLOOK
We are fully determined to move the Company from present situation and give a strong strategic direction to the Company.
In this regard, we have been corresponding with the prospective investors to attract the investment in the Company. Considering the increasing demand and expected growth in cement industries, we are hopeful to achieve its objective.
ACKNOWLEDGEMENT
We are pleased to record their appreciation for the continued dedications, commitment and loyalty of the employees of your company.
We are also thankful to all stakeholders for the loyalty they have shown during our difficult period.
We also appreciate the assistance and continued support of the various Government Departments, Bankers, Customers and Shareholders.
For and on behalf of the Board
____________________ | _______________ |
Fazal Karim Dadabhoy | Danish Dadabhoy |
Chief Executive | Director |
Karachi: February 28, 2025
HALF YEARLY DIRECTORS' REVIEW REPORT
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