Ansari Sugar Mills Limited’s financial results for the year ended September 30, 2013

Karachi, January 11, 2013 (PPI-OT): We have to inform you that the Directors of the Company approved the accounts for the period ended September 30, 2012 on January 10, 2013 at registered office of the Company declaring no entitlement for the shareholders.

The financial results of the Company are as follows.

September 30

September 30

2012

2011

Rupees

Rupees

Sales – Net

1,628,242,420

1,927,675,787

Cost of Sales

(1,692,081,764)

(1,753,160,764)

—————-

—————-

Gross (loss)/Profit

(63,839,344)

174,515,023

Operating Expenses
Administrative expenses

65,437,320

60,883,002

Distribution cost

3,951,051

3,982,427

—————-

—————-

69,388,371

64,865,429

Operating (loss)/Profit

(133,227,715)

109,649,594

Financial cost

342,764,674

300,260,228

Other income

(36,097,515)

(15,477,519)

Other charges

1,548,935

6,450,260

—————-

—————-

308,216,094

291,232,969

(Loss)/Profit before taxation

(441,443,809)

(181,583,375)

Taxation

541,523

22,455,446

—————-

—————-

(Loss)/Profit after taxation

(441,985,332)

(159,127,929)

—————-

—————-

(Loss)/Earning per share

(18.11)

(6.52)

For more information, contact:
Ansari Sugar Mills Limited
H.O. 1st Floor, Block-2,
Hockey Club of Pakistan Stadium,
Karachi – 75350, Pakistan
UAN: 92-21 111-666-447,
Ph: 92-21 35855131-4, 35657781-6
Fax: 92-21 35680633

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