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DN TYRE & RUBBER PLC
21 June 2011 Audited Year Ended (September) 2010 Profit and Loss Information Turnover 10 N1.758b 09 N4.350b Cost Of Sales 10 (N1.279b) 09 (N5.303b) Profit Before Tax 10 (N428.466m) 09 (N11.482b) Taxation 10 N40.339m 09 N338.858m Profit After Tax 10 (N388.127m) 09 (N11.143b) Balance Sheet Information Fixed Assets 30-09-10 N4.766b 30-09-09 N4.987b Investment 10 Nil 09 N250m Stock 10 N242.063m 09 N337.374m Trade Debtors 10 N303.421m 09 N353.834m Cash and Bank Balances 10 N57.655m 09 N43.592m Other Debit Balances 10 N307.193m 09 N471.617m Trade Creditors 10 N62.690m 09 N243.115m Other Credit Balances 10 N7.972b 09 N8.334b Working Capital 10 (N6.794b) 09 (N6.600b) Net Assets 10 (N2.359b) 09 N2.133b Corporate Actions Proposed Dividend Nil Proposed Bonus Nil Payment Date Nil Closure Date Nil AGM Date Nil AGM Venue Nil
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progressively steering your portfolios through times |
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hope rising with turnover shrinking rapidly...i like this hope o
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |
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“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”-William Arthur Ward |
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |
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The cheapest stock in an overvalued market may still be overvalued |
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Quote:
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |
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