AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, January 04, 2013 (PPI-OT): We have to inform you that the Board of Directors of the Company in their meeting held on January 04, 2013 at 11:00 a.m. at T-09, 3rd Floor, Hafeez Centre, Main Boulevard, Gulberg-III, Lahore has approved the following financial results for the year ended September 30, 2012 for onward dissemination to the members of the Exchange. The Dividend for the year ended review by regretfully passed over.
|
Rupees 000 |
||
|
30 the September |
||
|
2012 |
2011 |
|
| Sales Net |
1,839,791 |
950,031 |
| Cost of Sales |
1,786,896 |
848,162 |
|
———– |
———– |
|
| Gross Profit |
52,895 |
101,869 |
| Distribution costs |
(7,679) |
(4,262) |
| Administrative expenses |
(34,226) |
(31,857) |
| Other Operating Expenses |
– |
(19.670) |
|
———– |
———– |
|
|
(41,905) |
(55,789) |
|
|
———– |
———– |
|
| Operating profit / (loss) |
10,990 |
46,080 |
| Finance costs |
(235,096) |
(238,005) |
|
———– |
———– |
|
|
(224,106) |
(191,925) |
|
| Other Operating income |
1,188 |
159 |
|
———– |
———– |
|
| (Loss) before taxation |
(222,918) |
(191,766) |
| Taxation |
(32,956) |
(32,323) |
| Un-appropriated loss brought forward |
(817,020) |
(616,117) |
| Transferred from Surplus on revaluation | ||
| of Fixed assets |
32,072 |
23,186 |
|
———– |
———– |
|
| (Loss) after Taxation |
(1,040,823) |
(817,020) |
|
———– |
———– |
|
| (loss) per share – basic and diluted |
(27.08) |
(23.71) |
The Annual General Meeting of the Company will be held on Tuesday January 29, 2013 at 12:00 p.m. at Mills Premises 5 Km, Faisalabad Road, Okara.
For more information, contact:
Baba Farid Sugar Mills Limited
1st Floor, Panorama Centre #2,
Raja Ghazanfar Ali Khan Road, Saddar, Karachi,
UAN: 111-133-280
Phones: 35682178-35662991
Fax: 35683800- 35684709
Website: www.fecto.com
Email: fecto@tecto.com