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Karachi, June 03, 2013 (PPI-OT): We have to inform you that the Board of Directors of our Company in their meeting held on Friday May 31st, 2013 at 3:00 pm recommended “NO ANNOUNCEMENT FOR ANY ENTITLEMETN”.
The financial results of the Company are as follows:
Quarter ended Half year ended
31 March 31 March 31 March 31 March
2013 2012 2013 2012
Rupees Rupees Rupees Rupees
Sales-net 763,220,758 374,935,077 1,627,784,647 638,393,017
Cost of sales (775,103,824) (437,683,010) (1,719,235,922) (664,995,913)
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Gross loss (11,883,066) (62,747,933) (91,451,275) (26,602,866)
Distribution cost (5,502,532) (3,839,450) (23,818,011) (4,081,899)
Administrative expenses (37,118,089) (20,206,278) (611,077,612) (35,911,158)
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(42,620,621) (24,045,728) (83,895,623) (39,993,057)
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Operating loss (54,503,687) (86,793,661) (175,346,898) (66,595,923)
Other Operating income 24,294,828 13,497,697 27,464,982 18,324,204
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(30,208,859) (73,295,964) (147,881,916) (48,271,719)
Finance cost (82,466,587) (86,984,541) (168,351,336) (168,627,317)
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Loss before taxation (112,675,446) (160,280,505) (316,197,252) (216,899,036)
Taxation
- Current (7,800,158) (3,749,351) (7,800,158) (7,961,170)
- Deferred 204,096,125 - 204,096,125 -
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196,295,521 (3,749,351) 196,295,967 (7,961,170)
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Profit/ (Loss) after taxation 83,620,521 (164,029,856) (119,901,285) (224,860,706)
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Earning / (Loss) per share-Basic and Diluted 3.43 (6.72) (4.91) (9.21)
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We will be sending you 300 copies of printed Accounts for distribution amongst the member of the Exchange.
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: 92-21 111-666-447,
Ph: 92-21 35855131-4, 35657781-6
Fax: 92-21 35680633