Safe Mix Concrete : Financial Results for the Year Ended Junre 30 2023
September 18, 2023 at 05:12 am
Share
Concrete Limited
A Listed Company in Pakistan Stock Exchange. Branch Nusrat Bhutto Colony.
Page No. 1 of 3
15th September 2023
FORM-3
The General Manager
Pakistan Stock Exchange Limited
Stock Exchange Building
Stock Exchange Road
Karachi.
Subject: FINANCIAL RESULTS FOR THE YEAR ENDED 30 JUNE 2023.
Dear Sir,
We have to inform you that Board of Directors of Safe Mix Concrete Limited (the Company), in their meeting held on Friday, 15 September 2023 at 04:00 p.m. at Arif Habib Center and recommended the following:
CASH DIVIDEND
Nil.
BONUS SHARES Nil
RIGHT SHARES Nil
IV. ANY OTHER ENTITLEMENT / CORPORATE ACTION
Nil
ANY OTHER PRICE-SENSITIVE INFORMATION Nil
The financial results of the Company are attached herewith.
Karachi Plot # 1, Global Industry, Nusrat Bhutto Colony, North Nazimabad Karachi.
Help Line 0345 2022 473-4
Email info@safemixlimited.com
Concrete Limited
A Listed Company in Pakistan Stock Exchange. Branch Nusrat Bhutto Colony.
Page No. 2 of 3
The Annual General Meeting of the Company will be held on Monday, 16th October 2023at 02.30 p.m. at Stock Exchange Building, Stock Exchange Road, Karachi.
The Share Transfer Books of the Company will be closed from 09th October 2023 to 16th October 2023 (both days inclusive). Transfers received in order at the office of our Share Registrar M/s THK Associated (Private) Limited, Plot No 32-C Jami Commercial Street 2, D.H.A Phase VII, Karachi 75500, at the close of the business on Friday, 6th October, 2023 will be considered in time for the determination of entitlement of shareholders and to attend and vote at the meeting.
The Annual Report of the Company will be transmitted through PUCARS at least 21 days before holding of Annual General Meeting.
You may please also inform the TRE Certificate Holders of the Exchange accordingly.
Yours' faithfully,
Vaqas Rafi
CFO & Company Secretary
Page No. 3 of 3
Karachi Plot # 1, Global Industry, Nusrat Bhutto Colony, North Nazimabad Karachi.
Help Line 0345 2022 473-4
Email info@safemixlimited.com
Concrete
Limited
A Listed Company in Pakistan Stock Exchange. Branch Nusrat Bhutto Colony.
Safe Mix Concrete Limited
Statement Of Profit Or Loss
Financial Results for the Year Ended 30 June 2023
Particulars
Rupees
30-Jun-23
30-Jun-22
Revenue - net
1,432,034,758
529,722,048
Cost of Sales
(1,110,758,758)
(416,164,447)
Gross Profit
321,276,000
113,557,601
Administrative expenses
(45,320,886)
(29,138,878)
Selling and distribution expenses
(2,325,510)
(1,167,718)
(47,646,396)
(30,306,596)
Operating profit
273,629,604
83,251,005
Other expenses
(35,340,012)
(5,949,085)
Other income
9,556,857
12,070,666
(25,783,155)
6,121,581
Finance costs
(40,873,518)
(18,049,631)
Profit before taxation
206,972,931
71,322,955
Taxation
(73,602,474)
(24,866,606)
Profit after taxation
133,370,457
46,456,349
Rupees
Earning per share - basic and diluted
5.33
1.86
Vaqas Rafi
CFO & Company Secretary
Karachi Plot # 1, Global Industry, Nusrat Bhutto Colony, North Nazimabad Karachi.
Help Line 0345 2022 473-4
Email info@safemixlimited.com
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Safe Mix Concrete Ltd. published this content on 18 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 September 2023 04:11:05 UTC.
Safe Mix Concrete Limited is Pakistan-based company, which is engaged in providing ready mix concrete company. The principal activity of the Company is production and supply of ready-mix concrete. The Company's ready-mix concrete is a mixture of cement, water, sand, and stone (Bajri). The Company's ready-mix concrete applications include decorative-stamped, colored and exposed aggregate; retaining walls, trenches, encasing for electrical, gas, water, fiber optic lines and cables; bridges, tunnels, and subways; highway pavements for roads and overpasses; sidewalks, driveways, patios, stoops, and grouting of pre-caste concrete slabs. The Companyâs manufacturing unit is situated at Plot no. 1, Global Industry, Nusrat Bhutto Colony, North Nazimabad, Karachi.