Ibrahim Fibres : Financial Results for the Quarter Ended

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The General Manager,

Pakistan Stock Exchange Limited, Stock Exchange Building,

Stock Exchange Road, Karachi

rlBRES LimiTED

FORM-7

Ref. No: IFLlPSX/049/2022

Date

: 22-04-2022

Sub:

Financial Results for the 1st Quarter Ended 31-03-2022

Dear Sir,

We have to inform you that the Board of Directors of the Company in their meeting held on 21-04-2022 at 02:30 P.M. at 1 - Ahmed Block, New Garden Town, Lahore has approved the financial results of the Company.

(i)	CASH DIVIDEND	NIL
(ii)	BONUS SHARES	NIL
(iii)	RIGHT SHARES	NIL
(iv)	ANY OTHER ENTITLEMENT/CORPORATE ACTION	NIL
(v)	ANY OTHER PRICE- SENSITIVE INFORMATION	NIL

The financial results of the Company are as follows:-
For the Quarter
Ended March 31,
2022
Rupees
Sales - net	30,660,459,057
Cost of goods sold	(24,444,134,363)
Gross profit	6,216,324,694
Selling and distribution expenses	(115,271,272)
Administrative expenses	(388,465,905)
Other Operating Expenses	(392,638,557)
Finance cost
Other income
Profit before taxation
Provision for taxation
Profit for the period
Earnings per share - Basic and Diluted

For the Quarter
Ended March 31,
2021
Rupees
20,461,034,201
(15,136,580,229)
5,324,453,972
(99,694,080)
(339,598,158)
(278,216,494)
(92,877,871	(231,114,200)
(989,253,605)	(948,622,932)
5,227,071,089	4,375,831,040
24,016,147	13,802,533
5,251,087,236	4,389,633,573
(1,632,572,123)	(1,217,496,236)
3,618,515,113	3,172,137,337
11.65	10.22

)

The Quarterly Report of the Company for the period ended 31-03-2022 will be transmitted through PUCARS separately, within the specified time.

Yours Sincerely,

For Ibrahim Fibres Limited

Web Sitewww.igcpk.com E. [e-mail]

Ibrahim Centre, 15-Club Road, Faisalabad,

Pakistan.

Tel [phone]

Fax [phone]

i

Ibrahim Centre, l1-B, Lala Zar, M. T. Khan Road,

Karachi, Pakistan.

Tel [phone]

Fax [phone]

Ibrahim Centre, 1 - Ahmad Block, New Garden Town,

Lahore, Pakistan.

Tel [phone] Fax [phone]