Karachi: We have to inform you that the Board of Directors in the Meeting held on Wednesday 04 January, 2012 at 11:00 a.m. have approved the following financial results for the year ended 30 September, 2011and recommended to pay Cash Dividend @10% (Re. 10.00 per share) for the year ended 30 September 2011.
The Financial results of the Company are as follows:-
Rupees in thousand
|Sales – Net||5,882,738||6,362,700|
|Cost of sales||5,186,437||5,597,467|
|Other operating expenses||12,591||25,870|
|Other operating income||(40,161)||(6,984)|
|Profit before taxation||165,491||347,799|
|Profit after taxation||140,610||309,367|
|Earnings per share||4.90||10.78|
The Annual General Meeting of the Company will be held on 31 January, 2012 at 11:00 AM at the Registered Office of the Company at Nowshehra Road, Mardan.
The dividend will paid to those shareholders whom names appear in the Registrar of Members of the Company on 21 January, 2012. Shares transfer books of the Company will remain closed from 21 January, to January, 2012 (Both days inclusive).
Transfers received in order at the Company’s Registrar Office, M/s. Hameed Majeed Associates (Pvt) Limited. HM House 7-Bank Square Lahore, at the close of business on 20 January, 2012 shall entitle the transfers for payment of dividend.
We will be sending you 200 Copies of printed accounts for distribution amongst the members of the Exchange in due course of time.
For more information, contact:
Chashma Sugar Mills Limited
King’s Arcade, 20-A,
Markaz F-7, Post Box No.1529,