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| LANDMARK SPINNING INDUSTRIES LTD. | |||||
| PROFIT & LOSS ACCOUNT(UN-AUDITED) | |||||
| FOR THE FIRST QUARTER ENDED 30TH SEPTEMBER 2005 | |||||
| Quarter ended | Quarter ended | ||||
| JULY to SEPTEMBER | JULY to SEPTEMBER | ||||
| 2005 | 2004 | ||||
| Rupees | Rupees | ||||
| SALES - NET | - | - | |||
| COST OF SALES | - | - | |||
| GROSS PROFIT / (LOSS) | - | - | |||
| OPERATING EXPENSES | |||||
| Administrative Expenses | 80,690 | 94,963 | |||
| OPERATING( LOSS) | (80,690) | (94,963) | |||
| Financial Charges | (550) | (3,170) | |||
| (81,240) | (98,133) | ||||
| AMORTIZATION OF: | |||||
| PRE-PRODUCTION EXPENSES | (14,416,591) | (4,119,026) | |||
| (LOSS) BEFORE TAXATION | (14,497,831) | (4,217,159) | |||
| TAXATION | |||||
| Prior | - | (21,643) | |||
| - | (21,643) | ||||
| (LOSS ) AFTER TAXATION | (14,497,831) | (4,238,802) | |||
| Unapproprited loss brought forward | (150,798,735) | (102,980,689) | |||
| Unapproprited loss carried forward | (165,296,566) | (107,219,491) | |||
| (Loss) per share-basic | (1.20) | (0.35) | |||
| Akber Ali Hashwani | Amin A.Hashwani | ||||
| Chief Executive | Director | ||||
| DATED:OCTOBER 29,2005 | |||||
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