Karachi, August 01, 2013 (PPI-OT): We have to inform you that the director of the Company approved the accounts for the Nine-Months period ended June 30, 2013 on July 31, 2013 at Registered office of the company, declaring no dividend for the shareholders. The financial results of the company are as follows.
Nine-months Period Ended Quarter Ended 30 June 30 June 30 June 30 June 2013 2012 2013 2012 (Rupees) (Rupees) Sales-Net 2,216,149,895 1,431,474,170 588,365,248 793,081,123 Cost of Sales (2,005,199,533) 1,392429,560 (285,963,611) 727,633,647 ------------- ------------- ----------- ----------- Gross Profit/ (loss) 210,930,262 38,844,610 302,401,637 65,447,476 Operating Expenses Distribution cost (33,472,505) 7,381,716 (9,654,494) 3,299,817 Administrative expenses (72,899,446) 58,947,262 (12,821,834) 22,036,105 ------------- ------------- ----------- ----------- (106,371,950) 66,328,978 (22,476,327) 26,335,922 ------------- ------------- ----------- ----------- Operating Profit/ (loss) 104,578,412 (27,484,268) 279,925,310 39,111,554 Other operating income 30,464,982 65,656,457 3,000,000 47,332,253 ------------- ------------- ----------- ----------- 135,043,394 38,172,089 282,925,310 86,443,807 Finance cost (213,738,398) 250,543,487 (45,423,062) 75,858,007 ------------- ------------- ----------- ----------- (Loss)/ Profit before taxation (78,695,004) (212,371,398) 237,502,248 10,585,800 Provision for taxation-Current (24,002,900) (15,891,982) (6,766,138) (7,930,811) Deferred 204,096,125 - - - ------------- ------------- ----------- ----------- (Loss)/ Profit after taxation 101,398,221 (228,263,380) 230,736,110 2,654,989 (Loss)/ Earning per share 4.15 (9.35) 9.45 0.11
We will be sending you 300 copies of printed Accounts for distribution amongst the members 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