Noon Sugar Mills Limited’s 1st quarterly financial results for the period ended 31 December, 2012
Karachi, January 29, 2013 (PPI-OT): We have to inform you that the Board of Directors of the Company in their meeting held at Lahore on 29 January, 2013 recommended the following:
(i) Cash Dividend : Nil
(ii) Bonus Issue : Nil
(iii) Right Shares : Nil
(iv) Any Other Entitlement/ Corporate Action : Nil
(v) Any Other Price Sensitive Information : Nil
Financial results of the Company are attached.
Condensed Interim Profit and Loss Account (Un-Audited) for the First Quarter Ended 31 December, 2012
For the First Quarter Ended | |||
December | December | ||
2012 | 2011 | ||
| Note | (Rupees in thousand) | ||
| Sales-Net | 18 | 417,153 | 1,644,016 |
| Cost of Sales | 19 | 323,747 | 1,625,292 |
——- | ——— | ||
| Gross Profit | 93,406 | 18,724 | |
| Distribution and Marketing Cost | 16,315 | 9,830 | |
| Administrative Expenses | 19,662 | 17,530 | |
| Other Operating Expenses | 2,131 | - | |
| Other Operating Income | (1,248) | (1,164) | |
——- | ——— | ||
36,860 | 26,196 | ||
——- | ——— | ||
| Profit/ (Loss) from Operations | 56,546 | (7,472) | |
| Finance Cost | 16,417 | 29,969 | |
——- | ——— | ||
| Profit/ (Loss) before Taxation | 40,129 | (37,441) | |
| Taxation | 14 | 2,086 | 16,440 |
——- | ——— | ||
| Profit/ (Loss) after Taxation | 38,043 | (53,881) | |
| Other Comprehensive Income | - | - | |
——- | ——— | ||
| Total Comprehensive Income / | |||
| (Loss) for the Period | 38,043 | (53,881) | |
——- | ——— | ||
| Earnings/ (Loss) per Share | 2.30 | (3.26) | |
For more information, contact:
Noon Sugar Mills Limited
66-Garden Block,
New Garden Town, Lahore
Tel: 042-35831462-63
Fax: 042-35831462
Website: www.noonsugar.com
Email: shares@noonsugar.com
