AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: We have to inform you that the director of the Company approved the accounts for three month period ended December 31, 2011 on February 13, 2012 at Registered office of the company, declaring no dividend for the shareholders. The financial resu1ts of the company are as follows.
The financial results of the Company are as follows:
| December 31, | December 31, | |
| 2011 | 2010 | |
| Rupees | Rupees | |
| Sales-Net | 263,457,970 | 60,004671 |
| Cost of Sales | (227,312,903) | (41,038,383) |
| ———– | ———– | |
| Gross (loss)/Profit | 36,145,067 | 18,968,288 |
| Operating Expenses | ———– | ———– |
| Administrative expenses | 15,704,879 | 12,841,043 |
| Distribution cost | 242,449 | 408,546 |
| ———– | ———– | |
| 15,947,328 | 13,249,589 | |
| Operating (loss)/profit | 20,197,739 | 5,718,699 |
| ———– | ———– | |
| Financial cost | 87,700,939 | 38,353,828 |
| Other income | (4,826,507) | (2,313,546) |
| Other charges | – | 30,190 |
| Workers Profit Participation fund | – | – |
| ———– | ———– | |
| 82,874,432 | 36,070,472 | |
| (Loss)/Profit before taxation | (62,676,693) | (30,351,773) |
| Extinguishment of debts-extraordinary item | – | – |
| ———– | ———– | |
| (62,676,693) | (30,351,773) | |
| Provision for taxation | 3,886,820 | 600,067 |
| ———– | ———– | |
| (Loss)/Profit after taxation | (66,563,513) | (30,951,840) |
| Accumulated loss brought forward | (31,170,499) | 109,881,649 |
| ———– | ———– | |
| Accumulated loss carried forward | (97,734,012) | 78,929,809 |
| ———– | ———– | |
| (Loss)/Earning per share | (2.73) | (1.27) |
We will be sending you 300 copies of printed Accounts for distribution amongst the members of the Exchange.
For more information, Contact:
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 35655113-4, 35657781-6
Fax: 92-21 35680533