Ansari Sugar Mills Limited’s financial results for the nine months period ended June 30, 2011

Karachi: We have to inform you that the director of the Company approved the accounts for the Nine-Months period ended June 30, 2011 on July 30, 2011 at registered office of the company, declaring no dividend for the shareholders. The financial results of the company are as follows:-

 

Nine-months Period Ended

Three- months Period Ended

30 June

2011

30 June

2010

30 June

2011

30 June

2010

(Rupees)

(Rupees)

Sales -Net1,624,598,4962,136,372,667419,142,601794,896,656
Cost of Sales1,370,458,4192,154,035,531300,615,338820,660,399
————-————-———–———–
Gross Profit / (loss)254,140,077(17,662,864)118,527,263(25,763,743)
Distribution cost3,620,3962,365,808281,851296,578
Administrative expenses44,835,42835,205,15116,540,82911,745,084
————-————-———–———–
48,455,82437,570,95916,822,68012,041,662
————-————-———–———–
Operating Profit/ (loss)205,684,253(55,233,823)101,704,583(37,805,105)
Other operating Income6,366,4804,744,1472,1l9,7151,820,750
————-————-———–———–
212,050,733(50,489,676)103,824,298(35,984,655)
Finance cost211,470,78899,656,10691,525,83340,317,640
————-————-———–———–
Profit/(Loss) before taxation579,945(150,145,782)12,298,465(70,302,295)
Provision for taxation-Current(16,245,985)(10,681,863)(4,191,426)(3,974,483)
Prior(155,356)-(155,356)-
————-————-———–———–
(Loss)/Profit after taxation(15,821,396)(160,827,645)7,951,683(80,276,778)
(Loss)/Earning per share(0.65)(6.59)0.33(3.29)

 

 

For more information, contact:
Company Secretary
Ansari Sugar Mills Limited
H.O.1st Floor, Block-2,
Hockey Club of Pakistan Stadium,
Karachi-75350, Pakistan.
UAN: +9221 111-666-447
Tel: +9221 35655131-4
Fax: +9221 35680533