Form-7
Under Sealed Cover
NO.STML/SECY/3775
April 25, 2022
The General Manager Pakistan Stock Exchange Ltd Stock Exchange Building, Stock Exchange Road, Karachi.
Subject:Financial Results for the 3rd Quarter / Nine Months Ended 31-03-2022
Dear Sir,
We have to inform you that the Board of Directors of the company in their meeting held on April 25, 2022 at 11:30 a.m. at 2-S, Gulberg-II, Lahore recommended the following.
(i) | CASH DIVIDENED | : NIL |
(ii) | BONUS SHARES | : NIL |
(iii) | RIGHT SHARES | : NIL |
(iv) | ANY OTHER ENTITLEMENT | : NIL |
(v) |
ANY OTHER PRICE - SENSITIVE INFORMATION : NIL
The financial results of the company are as follows:
Profit & Loss Account (Un-Audited)
For the Nine Months (Third Quarter) Ended 31-03-2022
Nine Months Ended March | |
Quarter Ended March | |
31, 2022 31, 2021 | 31, 2022 31, 2021 |
Rupees (000) | Rupees (000) |
Sales-Net | - | - | - | - |
Cost of Sales | (26,463) | (28,671) | (9,116) | (10,001) |
Gross Profit / (Loss) | (26,463) | (28,671) | (9,116) | (10,001) |
Selling And Distribution Expenses | - | - | - | - |
Administrative And General Expenses | (7,930) | (11,338) | (4,487) | (6,427) |
(7,930) | (11,338) | (4,487) | (6,427) | |
Other Income | - | - | - | - |
Operating Profit / (Loss) | (34,393) | (40,009) | (13,603) | (16,427) |
Finance Cost | (6,455) | (26,619) | (2,521) | (1,860) |
Notional interest | (53,587) | (40,260) | (17,546) | (7,698) |
Other Expenses | - | - | - | - |
Profit / (Loss) before Taxation | (94,435) | (106,887) | (33,670) | (25,985) |
Taxation | - | - | - | - |
Profit / (Loss) after Taxation | (94,435) | (106,887) | (33,670) | (25,985) |
Profit / (Loss) per share-basic and diluted | (10.76) | (12.18) | (3.84) | (2.96) |
The quarterly report of the company for the period ended 31-03-2022 will be transmitted through PUCARS separately, within the specified time.
Yours Sincerely,
For Sally Textile Mills Limited