AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, July 30, 2012 (PPI-OT): Assalam-o-Alaikum:
We have to inform you that Board of Directors of our Company in their meeting held at 11.00 a.m. on Friday, 27th July 2012 recommended the following:
i) Cash Dividend:
A Cash Dividend for the period ended 30th June 2012 @ Rs. Nil per share. Interim Dividend has already been paid at Rs. Nil per share i.e. Nil %.
ii) Bonus Issue:
It has been recommended by the Board of Directors to issue Interim Bonus Shares in the proportion of Nil shares for every Nil shares held i.e. Nil %. This is in addition to the Interim Bonus Shares already issued @ Nil %.
iii) Right Shares:
The Board has also recommended to issue Nil % Right Shares at par/at a premium of Rs. Nil per share in proportion of Nil shares for every Nil shares.
The Profit and Loss Account for the period ended 30th June 2012 is annexed herewith.
Condensed Interim Profit and Loss Account (Un-Audited) for the Nine Months Period Ended 30TH June, 2012
|
For Nine Months |
For the quarter |
|||
|
October-June |
April-June |
|||
|
2012 |
2011 |
2012 |
2011 |
|
|
(Rupees in ‘000’) |
||||
| Sales |
4,522,838 |
4,335,917 |
1,685,851 |
1,092,521 |
| Cost of sales |
(3,845,584) |
(3,460,027) |
(1,546,329) |
(704,139) |
|
——— |
——— |
——— |
——— |
|
| Gross profit |
677,254 |
875,890 |
139,522 |
388,382 |
| Profit from trading activities |
2,585 |
2,203 |
998 |
1,253 |
| Other operating income |
11,187 |
11,599 |
8,356 |
3,379 |
|
——— |
——— |
——— |
——— |
|
|
13,772 |
13,802 |
9,354 |
4,632 |
|
|
——— |
——— |
——— |
——— |
|
|
691,026 |
889,692 |
148,876 |
393,014 |
|
| Administration expenses |
(251,644) |
(208,011) |
(78,884) |
(70,211) |
| Selling and Distribution expenses |
(32,122) |
(13,873) |
(11,932) |
(2,568) |
| Other operating expenses |
(6,450) |
(26,354) |
3,839 |
(12,409) |
| Finance cost |
(314,135) |
(287,516) |
(135,781) |
(140,718) |
| Share of Profit of Investment in associate |
16,793 |
18,603 |
934 |
4,509 |
|
——— |
——— |
——— |
——— |
|
|
(587,558) |
(517,151) |
(221,824) |
(221,397) |
|
|
——— |
——— |
——— |
——— |
|
| Profit/ (Loss) before taxation |
103,468 |
372,541 |
(72,948) |
171,617 |
| Taxation |
(36,085) |
(53,568) |
26,486 |
(14,665) |
|
——— |
——— |
——— |
——— |
|
| Profit / (Loss) after taxation |
67,383 |
318,973 |
(46,462) |
156,952 |
|
——— |
——— |
——— |
——— |
|
| Earnings per share – Basic and diluted- (Rupees) |
3.63 |
17.18 |
(2.50) |
8.45 |
For more information, Contact:
Al-Noor Sugar Mills Limited
96-A Sindhi Muslim Housing Society,
Karachi- 74400, Pakistan
Tel: 34550161-63, 34550030-31
Fax: (92-21) 34556675
E-mail: alnoor@dslplus.net.pk