Bawany 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

Operating revenue -Net 1,185,651,248 100,335,030
Operating cost (1,206,124,742) (151,678,049)
————- ————-
Gross (loss) (20,473,494) (51,343,019)
Operating Expenses
Distribution cost 4,472,760
Administrative expenses 29,854,060 3,763,249
————- ————-
34,326,820 3,763,249
Operating (loss) (54,800,314) (55,106,268)
————- ————-
Financia1 cost (195,285,246) (79,602,563)
Other income 9,557,816 355,272
————- ————-
(Loss) before taxation (240,527,744) (134,353,559)
Provision for taxation (1,003,350)
————- ————-
(Loss) after taxation (240,527,744) (135,356,909)
Other comprehensive income
Total comprehensive (loss) for the year (240,527,744) (135,356,909)
————- ————-
(Loss) per share Basic and diluted (27.52) (15.51)

 

For more information, contact:
Bawany Sugar Mills Limited
1st Floor, Block-2,
Hockey Club of Pakistan Stadium,
Karaci-75350, Pakistan
UAN: 92-21 111-600-447
Ph: 92-21 35657781-6
Fax: 92-21 35680533

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