News Announcement

Housing Development And Infrastructure: Announces Q1 Results & Limited Review Report for June 30, 2013

Housing Development and Infrastructure Ltd has announced the following results for the quarter ended June 30, 2013:

The Unaudited results for the Quarter ended June 30, 2013

The Company has posted a net profit of Rs. 241.60 million for the quarter ended June 30, 2013 as compared to Rs. 1234.70 million for the quarter ended June 30, 2012. Total Income has decreased from Rs. 2177.20 million for the quarter ended June 30, 2012 to Rs. 1488.40 million for the quarter ended June 30, 2013.

The Consolidated Results are as follows:

The Unaudited consolidated results for the Quarter ended June 30, 2013

The Group has posted a net profit after taxes, Minority Interest and Share of Profit of Associates of Rs. 162.50 million for the quarter ended June 30, 2013 as compared to Rs. 1053.80 million for the quarter ended June 30, 2012. Total Income has decreased from Rs. 2105.80 million for the quarter ended June 30, 2012 to Rs. 1608.40 million for the quarter ended June 30, 2013.

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