Chashma Sugar Mills Limited’s financial results for the quarter ended 31, 2011

Karachi: We would like to inform you that the Board of Directors in the meeting held on Friday January 27, 2012 at 11:00 a.m. have approved the following results for the 1st Quarter Ended 31 December 2011.

 

1-Oct-11

1-Oct-10

to

to

31-Dec-11

31-Dec-10

Rupees in thousand

Sales Net 2,794,469 1,013,293
Cost of Sales 2,864,271 920,847
———– ———–
Gross Loss/ Profit (69,802) 92,446
Operating expenses
Administrative expenses 26,903 21,872
Distribution Cost 6,486 1,855
Other Operating expenses 26 27
———– ———–
33,415 23,754
———– ———–
(103,217) 68,692
Other Operating income 3,512 7,185
———– ———–
(99,705) 75,877
Finance Cost 90,168 47,256
———– ———–
(Loss) / Profit – Before taxation (189,873) 28,621
Taxation
Current 0 10,133
Deferred (32,724) 0
———– ———–
(32,724) 10,133
———– ———–
(Loss)/ Profit after taxation (157,149) 18,488
———– ———–
Rupees
(Loss)/ Earning per share (5.48) 0.64

 

For more information, contact:
Mujahid Bashir
Company Secretary
Chashma Sugar Mills Limited
King’s Arcade, 20-A,
Markaz F-7, Post Box No.1529,
Islamabad.
Tel: 051-2650805-7
Fax: 051-2651285-6

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