Tandlianwala Sugar Mills Limited’s financial results for the 1st quarter ended December 31, 2011

Karachi: We have to inform that the Board of Directors in their meeting held on March 01, 2012 at 4.30 p.m. recommended the following:-

i) Cash Dividend

No Cash Dividend for the period ended December 31, 2011 has been recommended.

ii) Bonus Issue

No Bonus Shares are being recommended.

iii) The financial results of the Company are as follows

Period Ended

December 31

2011

2010

(Rupees)

(Rupees)

Sales-Net 2,196,754,156 629,122,391
Cost of Sales (2,034,057,940) (468,548,709)
Gross Profit 162,696,216 160,573,682
Administrative expenses (52,382,118) (38,440,670)
Distribution expenses (29,913,478) (5,466,602)
Other operating expenses (3,099,762)
Other income 3,587,240 1,575,032
(78,708,356) (45,432,002)
Profit from operations 83,987,860 115,141,680
Finance cost (93,292,341) (56,246,211)
 (Loss) /Profit before taxation (9,304,481) 58,895,469
Taxation (21,967,544) (6,291,224)
 (Loss)/ Profit after taxation (31,272,025) 52,604,245
Earnings per share (0.266) 0.447

We will be sending you 300 copies of printed accounts for distribution among the members of the Exchange in due course of time.

For more information, Contact:

Tandlianwala Sugar Mills Limited

32-N, Gulberg-II, Industrial Area,

Lahore, 54660, Pakistan,

Ph: +92-42-35712901, 35763115, 35761124

Fax: +92-42-35710929, 35710605

E-mail: tsmlho@yahoo.com

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