PPI Original Text (PPI-OT) – Tandlianwala Sugar Mills Limited’s financial results for the six months period ended 31-03-2012

Karachi, June 04, 2012 (PPI-OT): We have to inform you that the Board of Directors in their meeting held on June 01, 2012, recommended the following:-

i) Cash Dividend

No Cash Dividend has been recommended.

ii) Bonus Issue

No Bonus Shares have been recommended.

iii) Right Shares

No Right Shares at par or at premium have been recommended.

The financial results of the Company are as follows:

Six Months Period Ended

Quarter Ended

March 31

March 31

2012

2011

2012

2011

(Rupees)

(Rupees)

(Rupees)

(Rupees)

Sales-Net

3,411,565,014

3,460,419,121

1,214,810,858

2,831,296,667

Cost of Sales

(3,297,723,232)

(2,787,473,446)

(1,263,665,292)

(2,318,924,737)

————-

————-

————-

————–

Gross Profit

113,841,782

672,945,675

(48,854,434)

512,371,930

Administrative expenses

(132,750,067)

(110,847,127)

(80,367,949)

(72,406,457)

Distribution expenses

(68,724,823)

(43,107,975)

(38,811,345)

(37,841,373)

Other operating expenses

-

(17,970,352)

-

(14,870,590)

Other income

8,985,603

4,242,675

5,398,363

2,667,643

————-

————-

————-

————–

(192,489,287)

(167,682,779)

(113,780,931)

(122,250,777)

————-

————-

————-

————–

Operating profit/ (Loss)

(78,647,505)

505,262,896

(162,635,365)

390,121,153

Finance cost

(228,858,942)

(262,793,367)

(135,586,601)

(206,547,156)

————-

————-

————-

————–

Profit / (Loss) before taxation

(307,506,447)

242,469,529

(298,201,966)

183,573,997

Taxation

(34,115,650)

(34,604,191)

(12,148,106)

(28,312,967)

————-

————-

————-

————–

Profit/ (Loss) after taxation

(341,622,097)

207,865,338

(310,350,072)

155,261,030

————-

————-

————-

————–

Earnings per share

(2.90)

1.77

(2.64)

1.32

For more information, Contact:
Ahmad Jehanzeb Khan
Company Secretary
Tandlianwala Sugar Mills Limited
32-N, Gulberg-II, Industrial Area,
Lahore, 54660, Pakistan,
Ph: +92-42-35712901, 35763115, 35761124
Fax: +92-42-35710929, 35710605
E-mail: tsmlho@yahoo.com

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