PROFIT AND LOSS ACCOUNT
FOR THE HALF YEAR ENDED MARCH 31, 2003.
Note Quarter Half year Quarter Half year
Jan-Mar 03 Oct 03-Mar 03 Jan-Mar 02 Oct 01-Mar 02
Rupees Rupees Rupees Rupees
Sales 88,711,446 172,062,454 78,719,800 166,404,529
Cost of goods sold 8 90,372, 127 169,749,380 83,521,549 165,886,622
Gross Profit (1,660,681) 2,313,074 (4,801,749) 517,907
Other income 274,836 355,723 4,017,018 4,017,018
(1,385,845) 2,668,797 (784,731) 4,534,925
Operating expenses
Assignment
Selling
1,912,305 4,442,632 4,878,960 9,349,831
(3,298,150) (1,773,835) (4,878,960) (4,814,906)
Other charges
Financial 737,848 1,428,210 3,751,830 7,220,693
Loss for the period before taxation (4,035,998) (3,202,045) (8,630,790) (12,035,599)
Taxation
Current
Deferred
803,047 385,329 (410,993) (849,417)
Loss for the period after taxation (3,232,951) (2,816,716) (9,041,783) (12,885,016)
Earnings per share - Basic (0.26) (0.22) (0.72) (1.02)
The annexed notes from 1 to 11 from an integral part of these financial statements.
CHIEF EXECUTIVE DIRECTOR
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J.A. Textile Mills Ltd.
16 C, People's Colony
Faisalabad 38090, PAKISTAN
Tel: 92-41-721953-6
Fax: 92-41-712399