Tandlianwala Sugar Mills Limited’s Financial Results for the Year Ended 30-09-2011

Karachi:  We have to inform you that the Board of Directors in their meeting held on 05:00 p.m. on February 07, 2012 recommended the following:-

i) Cash Dividend

Nil Cash Dividend for the year ended September 30, 2011 has been recommended.

ii) Bonus Issue

No Bonus Shares have been recommended.

iii) The financial results of the Company are as follows:

Year Ended  

September 30

2011 2010
(Rupees) (Rupees)
     
Sales – net 1,759,464,907 10,169,643,067
Cost of Sales (6,321,536,026) (8,198,139,512)
Gross Profit 1,437,928,881 1,371,503,555
Administrative expenses (230,802,608) (217,941,368)
Distribution expenses (101,795,692) (49,087,460)
Other operating expenses (14,782,628) (42,948,004)
Other income 6,415,460 12,966,457
Profit from operations 1,096,963,593 1,074,493,180
Finance cost (579,568,423) (495,006,341)
Profit before taxation 517,395,170 579,486,839
Taxation (22,839,391) (249,966,073)
Profit after taxation 494,555,779 329,520,766
Earnings per share 4.20 2.80

The Annual General Meeting of the Company will be held on Thursday, March 01, 2012 at 9.00 AM at the Noor Shadi Hall, 49-N, Industrial area Gulberg II, Lahore.

The share transfer books of the Company will remain close from February 24, 2012 to March 01, 2012 (Both Days Inclusive).

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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