Ref: JKSM/T-047/2024
Dated: - 29.04.2024
The General Manager,
Pakistan Stock Exchange Ltd.
Stock Exchange Building,
Stock Exchange Road,
KARACHI.
FINANCIAL RESULTS OF J. K. SPINNING MILLS LTD FOR
THE PERIOD ENDED MARCH 31, 2024
Dear Sir,
We have to inform you that the Board of Directors of our company in their meeting held on Monday, April 29, 2024 at 11:00 A.M. at head office of the company, 29-KM Sheikhupura Road, Drummanwala More, Near Khurrianwala, Faisalabad have considered and approved the quarterly accounts of the Company for the period ended March 31, 2024.
(i) | Cash dividend | Nil |
(ii) | Bonus shares | Nil |
(iii) | Right shares | Nil |
The financial results of the company are attached herewith as "ANNEXURE-A".
The Quarterly Report of the Company for the period ended March 31, 2024 will be transmitted through PUCARS in due course of time and will also be available at the Company's website at ww.jkgroup.net
Thanking you.
Yours faithfully,
For: J. K. Spinning Mills Ltd
Syed Hussain Shahid Mansoor Naqvi
Company Secretary
CC:
Director/HOD
-
Surveillance, Supervision and Enforcement Department, Securities & Exchange Commission of Pakistan, NIC Building, 63-Jinnah Avenue, Blue Area,
Islamabad.
"Annexure - A"
CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS (UN-AUDITED)
FOR THE NINE MONTHS AND QUARTER PERIOD ENDED MARCH 31, 2024
Nine Months ended | Quarter ended | |||
31 March | 31 March | 31 March | 31 March | |
2024 | 2023 | 2024 | 2023 | |
---------------------- | (Rupees in thousand) -------------------- |
Revenue from Contracts with Customers
Cost of sales
Gross Profit
Distribution cost
Administrative expenses
Other expenses
Other income
Profit from operations
Finance cost
Profit before taxation
Taxation
Profit after taxation
Earnings per share:
31,942,490
(27,811,032)
4,131,458
(892,866)
(479,039)
(68,520)
(1,440,425)
2,691,033
237,226
2,928,259
(1,833,615)
1,094,644
(415,288)
679,356
26,746,914
(22,335,930)
4,410,984
(751,893)
(482,150)
(347,306)
(1,581,349)
2,829,635
83,275
2,912,910
(509,853)
2,403,057
(325,967)
2,077,090
11,511,969
(10,122,892)
1,389,077
(355,623)
(189,039)
(11,248)
(555,910)
833,167
79,066
912,233
(608,039)
304,194
(135,790)
168,404
9,735,823
(7,971,932)
1,763,891
(182,176)
(227,998)
(44,436)
(454,610)
1,309,281
1,840
1,311,121
(236,054)
1,075,067
(89,301)
985,766
Basic and diluted (Rupees)
6.64 | 20.30 | 1.65 | 9.63 | |||