AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, July 31, 2012 (PPI-OT): We have to inform you that the director of the Company approved the accounts for the Nine Months period ended June 30, 2012 on july31, 2012 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 |
|
|
2012 |
2011 |
2012 |
2011 |
|
|
(Rupees) |
(Rupees) |
|||
| Sales -Net |
828,165,562 |
949,178,259 |
335,242,043 |
283,120,429 |
| Cost of Sales |
(883,361,465) |
(823,270,214) |
(308,833,731) |
(200,587,023) |
|
———– |
———– |
———– |
———– |
|
| Cross (loss)/Profit |
(55,195,603) |
125,908,045 |
26,408,312 |
82,533,406 |
| Operating Expenses | ||||
| Distribution cost |
1,532,592 |
3,949,231 |
1,224,815 |
343,846 |
| Administrative expenses |
49,301,081 |
19,921,894 |
15,280,302 |
10,297,145 |
|
———– |
———– |
———– |
———– |
|
|
50,833,673 |
23,871,125 |
16,505,617 |
10,640,991 |
|
| Operating (loss)/Profit |
(106,029,275) |
102,036,920 |
9,902,695 |
71,892,415 |
| Other operating income |
1,399,336 |
9,558,371 |
108,334 |
100,682 |
|
———– |
———– |
———– |
———– |
|
|
(104,629,939) |
111,595,291 |
10,011,029 |
71,993,097 |
|
| Finance cost |
(198,183,054) |
(130,424,992) |
(104,995,343) |
(65,202,885) |
| Other charges |
(1,026,290) |
– |
(155,650) |
– |
|
———– |
———– |
———– |
———– |
|
| (Loss)/Profit before taxation |
(303,839,284) |
(18,829,701) |
(95,139,964) |
6,290,212 |
| Provision for taxation-Current |
– |
(9,491,783) |
(3,872,420) |
(2,831,204) |
| (Loss)/ profit after taxation |
(303,839,284) |
(28,321,484) |
(99,012,385) |
3,959,007 |
| (Loss)/Earning per share |
(34.83) |
(3.25) |
(11.25) |
0.45 |
For more information, Contact:
Bawany Sugar Mills Limited
1st Floor, Block-2,
Hockey Club of Pakistan Stadium,
Karaci-75350, Pakistan
UAN: 92-21 111-666-447
Ph: 92-21 35657781-6, 92-21 35655131-4
Fax: 92-21 35680533