January 28, 2013   Financial Results, General

Chashma Sugar Mills Limited’s financial results for the quarter ended 31 December, 2012

Karachi, January 28, 2013 (PPI-OT): We would like to inform you that the Board of Directors in the Meeting held on Monday 28 January, 2013 at 11:00 am, have approved the following financial results for the 1st quarter ended 31 December, 2012.

01-Oct-12

01-Oct-11

to

to

31-Dec-12

31-Dec-11

Rupees in thousand

Sales-net

947,459

2,794,469

Cost of sales

772,520

2,864,271

——-

———

Gross Profit/ (Loss)

174,939

(69,802)

Administrative expenses

41,117

26,903

Distribution cost

11,736

6,486

Other operating expenses

6,419

26

——-

———

59,272

33,415

——-

———

116,667

(103,217)

Other operating income

5,969

3,512

——-

———

121,636

(99,705)

Finance cost

76,681

90,168

——-

———

Profit/ (Loss) before taxation

44,955

(189,873)

Taxation:
Current

6,460

0

Deferred

(11,449)

(32,724)

——-

———

(4,989)

(32,724)

——-

———

Profit/ (Loss) after taxation

49,944

(157,149)

——-

———

Rupees

Earnings/ (Loss) per share

1.74

(5.48)

For more information, contact:
Mujahid Bashir
Company Secretary
Chashma Sugar Mills Limited
King’s Arcade, 20-A,
Markaz F-7, Post Box No.1529,
Islamabad.
Tel: 051-2650805-7
Fax: 051-2651285-6