AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: We have to inform you that directors of the Company approved the accounts for the year ended September 30, 2011 on January 10, 2012 at registered office of the company declaring no entitlement for the shareholders.
The financial results of the Company are as follows:
|
September 30, |
September 30, |
|
|
2011 |
2010 |
|
|
Rupees |
Rupees |
|
| Operating revenue -Net | 1,185,651,248 | 100,335,030 |
| Operating cost | (1,206,124,742) | (151,678,049) |
| ————- | ————- | |
| Gross (loss) | (20,473,494) | (51,343,019) |
| Operating Expenses | ||
| Distribution cost | 4,472,760 | – |
| Administrative expenses | 29,854,060 | 3,763,249 |
| ————- | ————- | |
| 34,326,820 | 3,763,249 | |
| Operating (loss) | (54,800,314) | (55,106,268) |
| ————- | ————- | |
| Financia1 cost | (195,285,246) | (79,602,563) |
| Other income | 9,557,816 | 355,272 |
| ————- | ————- | |
| (Loss) before taxation | (240,527,744) | (134,353,559) |
| Provision for taxation | – | (1,003,350) |
| ————- | ————- | |
| (Loss) after taxation | (240,527,744) | (135,356,909) |
| Other comprehensive income | – | – |
| Total comprehensive (loss) for the year | (240,527,744) | (135,356,909) |
| ————- | ————- | |
| (Loss) per share Basic and diluted | (27.52) | (15.51) |
For more information, contact:
Bawany Sugar Mills Limited
1st Floor, Block-2,
Hockey Club of Pakistan Stadium,
Karaci-75350, Pakistan
UAN: 92-21 111-600-447
Ph: 92-21 35657781-6
Fax: 92-21 35680533