Ansari Sugar Mills Limited’s financial results for the year ended September 30, 2011

Karachi: We have to inform you that directors of the Company approved the accounts for the year ended September 30, 2011 on January 10, 2012 at registered office of the company declaring no entitlement for the shareholders.

The financial results of the Company are as follows:

 

September 30,

September 30,

2011

2010

Rupees

Rupees

Restated

Sales -Net 1,927,675,787 2,635,630,612
Cost of Sales (1,753,160,764) (2,627,679,520)
————- ————-
Gross Profit 174,515,023 7,951,092
Operating Expenses
Distribution cost 3,982,427 2,521,968
Administrative expenses 60,883,002 47,545,803
————- ————-
64,865,429 50,067,771
Operating Profit/(loss) 109,649,594 (42,116,679)
Financial cost 300,260,228 131,553,371
Other income (15,477,519) (6,558,942)
Other charges 6450,260 1,115,745
————- ————-
291,232,969 126,110,174
(Loss) before taxation (181,583,375) (168,226,853)
————- ————-
(181,583,375) (168,226,853)
Taxation 22,155,446 74,298,146
————- ————-
(Loss) after taxation (159,127,929) (93,928,707)
————- ————-
(Loss) per share basic and diluted (6.52) (3.85)

 

For more information, contact:
Ansari Sugar Mills Limited
H.O: 41-K, Block-6, P.E.C.H.S.,
Karachi-75400 Pakistan
UAN: 111-48-48-48
Tel: 4522934
Fax: 4548456

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