Chashma Sugar Mills Limited’s financial results for the quarter and nine months ended June 31, 2010

Karachi: We have to inform you that the Board of Director in the Meeting held on Tuesday, July 26, 2011 at 11:00 a.m. have approved the following financial results for the Quarter and Nine Months ended June 30, 2011.

The Financial results of the Company are as follows:-

For the 3rd Quarter

Cumulative

April-JuneApril-JuneOct–JuneOct–June
2011201020112010

Rupees in thousand

Sales Net1,091,6162,750,0944,773,8635,195,481
Cost of Sales1,079,4672,610,7774,284,7234,594,273
—————–——–———
Gross Profit12,149139317489,140601,208
Distribution cost6,5894,20832,56912,054
Administrative expenses25,36817,68475,86358,642
Other operating expenses1,9751720,10276
————————————
33,93221,900128,53170,772
————————————
(21,783)117,400300,000530,436
Other operating income4,3151,05824,0033,243
————————————
Operating (Loss) / Profit(17,170)115,400384,611534,379
Finance Cost151,11085,882209,183242,116
—————–——————
(Loss) / Profit before taxation(168,500)32,57775,128292,361
Taxation
-Current10,79513,72947,52535,046
-Prior Years(4,726)0(4,226)0
————————————
6,06913,72942,79923,946
Total Comprehensive (Loss)/
Income for the period(174,649)18,84832,629266,317
————————————
Rupees
(Loss) / Earning per share(6.09)0.601.140.28

 

For more information, contact:
Mujahid Bashir
Company Secretary
Chashma Sugar Mills Limited
Kings Arcade, 20- A,
Markaz F-7, Post Box No. 1529,
Islamabad
Tel: +9251 2650805-7
Fax: +9251 2651258-6