Annual Report 2011 of Saudi Pak Industrial and Agricultural Investment Company Limited

It is a broadly described annual report of Saudi Pak Industrial and Agricultural Investment Company Limited in the year of 2011. During the financial year, Total assets of the Company amounted to Rs. 14,378 million as of 31^st December 2011 against Rs. 18,273 million as of 31^st December 2010. Total mark up/interest income decreased by 6.3% to Rs. 1,327 million from Rs. 1,417 million as compared to the previous year. Total non-mark up/interest loss increased from Rs. 60 million last year to Rs. 109 million in the current year. The Net loss after taxation amounted to Rs. 1,468 million as compared to Rs. 504 million in the corresponding period of the previous year. Basic/Diluted (loss) earnings per share (EPS) for the year Rs. (2.447).

The paid-up capital was Rs. 6,000 million at the end of the year 2011. The shareholder’s equity decreased to Rs. 6,100 million as at 31^st December 2011 from Rs. 7,513 million as at 31^st December 2010.

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