PROFIT AND LOSS ACCOUNT

FOR SIX MONTHS ENDED MARCH 31, 2003.

                                            Note     REVIEWED  UN-AUDITED  UN-AUDITED  UN-AUDITED

                                                          Six months       Six months     Three months    Three months

                                                           Oct-Mar 31       Oct-Mar 31        Jan-Mar 31          Jan-Mar 31  

                                                                2003                    2002                   2003                    2002

 Sales                                                   199,512                203,242                95,142                101,169 

 Cost of goods sold             5            194,936                189,416               92,824                   91,336   

 Gross Profit                                           4,576                  13,826                 2,318                     9,833

Operating expenses

Administrator                                        3,520                    2,398                 1,280                     1,296

Selling                                                        600                       857                    220                        300

                                                                 4,120                    3,255                 1,500                     1,596

Operating profit                                       456                  10,571                    818                     8,237

Other income                                            102                       101                      99                        101

                                                                    558                  10,672                    917                     8,338

Financial & other Charges                 20,318                  23,733                 9,886                   11,391

Loss before taxation                          (19,760)               (13,061)               (8,969)                  (3,053)

Taxation

    Current                                                (999)                  (1,019)               (2,251)                     (508)

    Deferred                                             2,727                        --                    2,727                        --

                                                                1,728                   (1,019)                2,251                       (508)

Net loss for the period                     (18,032)                (14,080)              (6,718)                    (3,561)

 Earnings per share - Basic               (1.19)                     (0.93)                 (0.44)                      (0.23)

CHIEF EXECUTIVE                                                                                                                           DIRECTOR

Home | Company Profile | Yearly Report | Second Quarterly Report | First Quarterly Report | Contact Us | About us

All Rights reserved by Asim Software development team.

Asim Textile Mills Ltd.

JK House 32-W Susan Road, Madina Town,

  Faisalabad 38090, PAKISTAN

Tel: 92-41-8721953-6

Fax: 92-41-8712399