Shahmurad Sugar Mills Limited’s financial results for the period ended 30th June 2011

Karachi: We have to inform you that Board of Directors of our Company in their meeting held at 4.00 p.m. on Thursday, 28th July 2011 recommended the following:

i) Cash Dividend:

An Interim Cash Dividend for the quarter ended 30th June 2011 @ Rs. NIL per share. This is in addition to Interim Dividend already declared at Rs. NIL per share i.e. NIL.

ii) Bonus Issue:

It has been recommended by the Board of Directors to issue Interim Bonus Shares in the proportion of NIL shares for every NIL shares held i.e. NIL%. This is in addition to the Interim Bonus Shares already issued @ NIL %

iii) Right Shares:

The Board has also recommended to issue NIL% Right Shares at par/at a premium of Rs. NIL per NIL shares in proportion of NIL shares for every NIL Shares.

Shahmurad Sugar Mills Limited

Condensed Interim Profit and Loss Account (Un-audited)

For the Nine Months Period Ended 30th June-2011


For the Nine Months

For the Quarter

October to June

April to June





(Rupees in thousands)

Cost of Sales(2,393,476)(2,395,248)(494,943)(1,065,277)
Gross Profit663,685411,064178,378133,352
Distribution Expenses(64,961)(45,721)(22,564)(13,679)
Administration Expenses(82,638)(78,719)(26,989)(24,346)
Other Operating Charges(21,718)(3,122)1,6952,453
Profit from Operations494,368283,502130,52097,780
Other Operating Income3,3583,2773662,111
Finance Cost(341,398)(265,913)(156,375)(108,849)
Profit / (Loss) before taxation156,32820,866(25,489)(8,958)
Profit / (Loss) after taxation119,06010,99328,859(10,580)
Earnings per shares-Basic and



For more information, contact:
M. Yasin Mughal
Company secretary
Shahmurad Sugar Mills Limited
96-A, Sindhi Muslim Housing Society,
Karachi -74400, Pakistan
Tel: +9221 34550161-63
Fax: +9221 34556675