Khairpur Sugar Mills Limited’s financial results for the quarter ended 30th June, 2011

Karachi: We have to inform you that the Board of Directors of our company in their meeting held on 21-07-2011 at 02.30 P.M. at the registered office of the company at Khairpur House, G-22/II, Gizri Avenue, Defence Housing Authority, Phase IV, Karachi, recommended the following.

Nil Declaration

Oct To Jun

Oct To Jun

Oct To Jun

Oct To Jun

2011

2010

2011

2010

Rupees

Sales1,237,825,8191,241,993,116596,819,878607,935,086
Cost of sales1,072,045,8111,170,353,029576,833,311610,587,990
————-————-———–———–
Gross Profit/ (Loss)165,780,00871,640,08719,986,567(2,652,904)
Administrative Expenses66,837,56557,682,62914,938,35117,987,793
Selling and Distribution6,123,8493,982,942(1,656,499)473,984
————-————-———–———–
72,961,41461,665,57113,281,85218,461,777
Operating Profit / (Loss)92,818,5949,974,5166,704,715(21,114,681)
Other Income164,601166,7082,6901,207
————-————-———–———–
92,983,19510,141,2246,707,405(21,113,474)
Financial charges12,208,81151,5056,850,468(1,961,032)
Other Operating charges5,583,304--(4,359,993)
————-————-———–———–
17,792,11551,5056,850,468(6,321,025)
Profit / (Loss) before Taxation75,191,08010,089,719(143,063)(14,792,449)
Taxation12,378,25824,445,5242,041,1933,039,676
————-————-———–———–
Profit / (Loss) after Taxation62,812,822(14,355,805)(2,184,256)(17,832,125)
————————-———–———–
Earning / (Loss) per share-basic and diluted3.92(0.90)(0.14)(1.11)

We will sending you 300 copies of printed accounts for distribution amongst the members of the exchange.

For more information, contact:
Khairpur Sugar Mills Limited
G-22 /II, Gizri Avenue,
Phase-IV D.H.A.,
Karachi.
Tel: 021-35810771-5
Fax: 021-35810776
Cell: 0300-2028800
E-mail: Jurmanigroup@yahoo.com