| LANDMARK SPINNING INDUSTRIES LIMITED | |||||||||
| PROFIT & LOSS ACCOUNT (UN-AUDITED) | |||||||||
| FOR THE 3RD QUARTER ENDED 31st March 2006 | |||||||||
| Quarter | Nine Months | Quarter | Nine Months | ||||||
| Ended | Ended | ended | Ended | ||||||
| Jan to March | July to March | Jan to March | July to March | ||||||
| 2006 | 2006 | 2005 | 2005 | ||||||
| Rupees | Rupees | Rupees | Rupees | ||||||
| SALES - NET | - | - | - | ||||||
| COST OF SALES | - | - | - | ||||||
| GROSS (LOSS) | - | - | - | ||||||
| OPERATING EXPENSES | |||||||||
| Administrative Expenses | 24,200 | 249,715 | 146,638 | 307,600 | |||||
| OPERATING( LOSS) | (24,200) | (249,715) | (146,638) | (307,600) | |||||
| Financial Charges | (100) | (1,602) | (843) | (4,463) | |||||
| (24,300) | (251,317) | (147,481) | (312,063) | ||||||
| AMORTIZATION OF: | |||||||||
| Pre-Production Expenses | (222,592) | (14,861,775) | (14,416,591) | (32,952,207) | |||||
| (LOSS) BEFORE TAXATION | (246,892) | (15,113,092) | (14,564,072) | (33,264,270) | |||||
| Taxation | - | - | - | (21,643) | |||||
| (LOSS) AFTER TAXATION | (246,892) | (15,113,092) | (14,564,072) | (33,285,913) | |||||
| Unapproprited loss brought forward | (165,664,935) | (150,798,735) | (121,702,530) | (102,980,689) | |||||
| Unapproprited loss carried forward | (165,911,827) | (165,911,827) | (136,266,602) | (136,266,602) | |||||
| (LOSS) PER SHARE-BASIC | (0.02) | (1.25) | (1.20) | (2.75) | |||||
| Akber Ali Hashwani | Amin A.Hashwani | ||||||||
| Chief Executive | Director | ||||||||
| Place: Karachi | |||||||||
| Dated: April 28, 2006 | |||||||||