Karachi: We have to inform you that the Board of Directors of our Company in their meeting held on Monday 27th February, 2012 at 11.00 a.m. at Batapur, Lahore recommended the following:
|(I)||Final Cash Dividend||200% (Rs.20.00 per share)|
|(IV)||Any Other Entitlement||Nil|
The final results of the Company are as follows:
FIG. IN THOUSAND
|Cost of Sales||6,275,619||4,997,901|
|Other Operating Expenses||76,537||92,660|
|Other Operating Income||42,546||55,047|
|Profit Before Taxation||1,025,008||1,189,021|
|Profit After Taxation||748,170||871,293|
|Earnings Per Share – Basic and Diluted||Rs.98.96||Rs. 115.25|
The Annual General Meeting of the Company will be held at 12:00 ant on Thursday 19th April, 2012 at Batapur.
Kindly grant approval to hold the AGM on the said date.
The Final Dividend if approved by the Shareholders will be paid to the shareholders whose names appear in the Register of Members on 19th April, 2012.
The Share Transfer Books of the Company will be closed from 13th to 19th April, 2012 (both days inclusive). Transfers received at the Registered Office of the Company at Batapur at the close of business on 12th April, 2012 will be treated in time for purpose of payment of Dividend to Transferees.
We will be sending you 300 copies of printed final accounts for distribution amongst the members of the Exchange in due course of time.
For more information, Contact:
Bata Pakistan Limited
Batapur, Lahore, Pakistan