Karachi: We have to inform you that the director of the Company approved the accounts for the Six-Month the period ended March 31, 2011 on May 28, 2011 at Registered office of the company, delaring no dividend for the shareholders. The financial results of the company are as follows.
Six-Month Period Ended | Three-months Period Ended | |||
31 March | 31 March | 31 Marh | 31 March | |
2011 | 2010 | 2011 | 2010 | |
(Rupees) | (Rupees) | |||
Sales-Net | 1,205,455,895 | 1,341,476,011 | 1,145,449,224 | 1,071,775,178 |
Cost of Sales | 1,069,843,081 | 1,333,370,854 | 1,028,766,662 | 1,084,203,290 |
————- | ————- | ————- | ————- | |
Gross (loss)/Profit | 135,612,814 | 8,105,157 | 116,682,562 | (12,428,112) |
Operating Expenses | ||||
Distribution cost | 3,338,545 | 2,069,230 | 2,929,999 | 1,937,275 |
Administrative expenses | 28,294,599 | 23,464,347 | 15,402,885 | 13,786,086 |
————- | ————- | ————- | ————- | |
31,633,144 | 25,533,577 | 18,332,884 | 15,723,361 | |
————- | ————- | ————- | ————- | |
Operting (loss)/Profit | 103,979,670 | (17,428,420) | 98,349,678 | (28,151,473) |
Other operating income | 4,246,765 | 2,923,397 | 1,933,219 | 1,471,561 |
————- | ————- | ————- | ————- | |
108,226,435 | (14,505,023) | 100,282,897 | (26,679,912) | |
Finance cost | 119,944,955 | 59,338,466 | 81,591,127 | 36,928,294 |
————- | ————- | ————- | ————- | |
(Loss)/Profit before taxation | (11,718,520) | (73,843,489) | 18,691,770 | (63,608,206) |
Provision for taxation | (12,054,559) | (6,707,380) | (11,454,492) | (5,358,876) |
————- | ————- | ————- | ————- | |
(Loss)/Profit after taxatio | (23,773,079) | (80,550,869) | 7,237,278 | (68,967,082) |
(Loss)/Earning per share | (0.97) | (3.30) | 0.30 | 2.83 |
For more information, contact:
Company Secretary
Ansari Sugar Mills Limited
H.O. 1st Floor, Block-2,
Hockey Club of Pakistan Stadium,
Karachi-75350,
Pakistan.
UAN: +9221 111-666447
Tel: +9221 35655131-4,
Fax: +9221 35680533