AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, July 18, 2012 (PPI-OT): We have to inform you that the Board of Directors of our Company in their meeting held on Wednesday, July 18, 2012 at 12:00 noon recommended “No Announcement for any Entitlement” The Financial results of the Company are as follows:
|
Nine months period ended |
Quarter ended |
|||
|
June 30, |
June 30, |
June 30, |
June 30, |
|
|
2012 |
2011 |
2012 |
2011 |
|
|
(Rupees in thousands) |
||||
| Continuing operations | ||||
| Sales – net |
4,363,862 |
4,740,847 |
1,553,633 |
1,261,749 |
| Cost of sales |
(3,462,874) |
(3,982,854) |
(1,213,165) |
(940,900) |
|
——— |
——— |
——— |
——— |
|
| Gross profit |
900,988 |
757,993 |
340,468 |
320,849 |
| Distribution cost |
(140,304) |
(66,782) |
(45,389) |
(18,889) |
| Administrative expenses |
(88,777) |
(80,963) |
(32,576) |
(25,298) |
| Other operating expenses |
(39,088) |
(26,815) |
(11,457) |
(11,033) |
|
——— |
——— |
——— |
——— |
|
|
(268,169) |
(174,560) |
(89,422) |
(55,220) |
|
|
——— |
——— |
——— |
——— |
|
| Operating profit |
632,819 |
583,433 |
251,046 |
265,629 |
| Finance cost |
(210,067) |
(274,353) |
(72,048) |
(121,349) |
|
——— |
——— |
——— |
——— |
|
| Other operating income |
22,658 |
36,150 |
6,272 |
– |
|
——— |
——— |
——— |
——— |
|
| Profit before taxation |
445,410 |
345,230 |
185,270 |
144,280 |
| Taxation |
(48,737) |
(48,827) |
(12,472) |
(13,948) |
|
——— |
——— |
——— |
——— |
|
| Profit after taxation from continuing | ||||
| operations |
396,673 |
296,403 |
172,798 |
130,332 |
| Discontinued operations | ||||
| Loss from discontinued operations |
– |
(25,943) |
– |
(13,441) |
|
——— |
——— |
——— |
——— |
|
| Net profit for the period ended |
396,673 |
270,460 |
172,798 |
116,891 |
|
——— |
——— |
——— |
——— |
|
|
(Rupees) |
||||
| Earnings per share – From continued operations – | ||||
| Basic and diluted |
22.85 |
17.06 |
9.95 |
7.50 |
| Loss per share – From discontinued operations – | ||||
| Basic and diluted |
– |
(1.49) |
– |
(0.77) |
|
——— |
——— |
——— |
——— |
|
| Earnings per share – For the nine months ended – | ||||
| Basic and diluted |
22.85 |
15.57 |
9.95 |
6.73 |
For more information, Contact:
M. Suleman Kanjiani
Company Secretary
Al-Abbas Sugar Mills Limited
Pardesi House, Survey No. 2/1, R.Y. 16
Old Queens Road Karachi-74000
UAN: (92-21) 111-111-224
Fax: (92-21) 32470090
E-mail: sugar@cyber.net.pk
Web: www.aasml.com