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Mettis Global News

Corporate Alert: Financial Results of Gulistan Spinning Mills and Paramount Spinning Mills Ltd.

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Gulistan Spinning Mills and Paramount Spinning Mills Ltd. reported financial results for the period of June, 2014 – 15.

Both the companies issued no cash dividend, no bonus shares or right shares for the period

Gulistan Spinning

 

30 June, 15

30 June, 14

Change

Sales – net

316,169,386

-100%

Gross (Loss)/Profit

(218,483,763)

(83,047,742)

163%

Operating (Loss)/Profit

(234,591,065)

(104,424,598)

125%

(Loss)/Profit before taxation

(244,412,396)

(110,351,599)

121%

(Loss)/Profit after Taxation

(251,467,400)

(97,293,041)

158%

(Loss)/EPS

(17.18)

(6.65)

158%

 

 

 

 

 

 

 

 

Paramount Spinning Mills

 

30 June, 15

30 June, 14

Change

Sales – net

1,259,579,700

2,434,279,113

-48%

Gross (Loss)/Profit

(154,043,404)

(494,938,723)

-69%

Operating (Loss)/Profit

(484,320,423)

136,122,213

 

(Loss)/Profit before taxation

(503,860,999)

90,514,651

 

(Loss)/Profit after Taxation

(490,871,257)

70,885,816

 

(Loss)/EPS

(28.29)

4.09

 

 

The statements from Paramount and Gulistan Spinning Mills are available on the respective links.

Posted on: 2017-08-08T14:49:00+05:00



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