AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, July 30, 2012 (PPI-OT): We have to inform you that the Board of Directors in the Meeting held on Friday 27 July, 2012 at 11:00 am, have approved the following financial results for the Quarter and nine months ended 30 June, 2012:
|
For the 3rd Quarter |
Cumulative |
|||
|
April – June, |
April – June, |
Oct – June, |
Oct – June, |
|
|
2012 |
2011 |
2012 |
2011 |
|
|
Rupees in thousand |
||||
| Sales- Net |
328,657 |
1,091,616 |
5,142,646 |
1,773,863 |
| Cost of sales |
352,216 |
1,079,467 |
4,993,245 |
4,284,723 |
|
——— |
——— |
——— |
——— |
|
| Gross (loss)/ profit |
(23,559) |
12,149 |
149,401 |
489,140 |
| Distribution cost |
821 |
6,589 |
13,440 |
32,569 |
| Administrative expenses |
26,159 |
25,368 |
93,424 |
75,863 |
| Other operating expenses |
793 |
1,975 |
1,036 |
20,102 |
|
——— |
——— |
——— |
——— |
|
|
27,773 |
33,932 |
107,900 |
128,534 |
|
|
——— |
——— |
——— |
——— |
|
|
(51,332) |
(21,783) |
41,501 |
360,606 |
|
| Other operating income |
12,015 |
4,313 |
43,640 |
24,005 |
|
——— |
——— |
——— |
——— |
|
| Operating (Loss)/ Profit |
(39,317) |
(17,470) |
85,141 |
384,611 |
| Finance cost |
91,994 |
151,110 |
233,028 |
309,183 |
|
——— |
——— |
——— |
——— |
|
| (Loss)/ Profit – before taxation |
(131,311) |
(168,580) |
(147,887) |
75,428 |
| Taxation | ||||
| – Current |
(21,999) |
10,795 |
26,848 |
47,525 |
| – Prior year |
0 |
(4,726) |
0 |
(4,726) |
| – Deferred |
(12,721) |
(4,726) |
(38,162) |
(4,726) |
|
——— |
——— |
——— |
——— |
|
|
(34,720) |
6,069 |
(11,314) |
42,799 |
|
|
——— |
——— |
——— |
——— |
|
| (Loss)/Profit – After Taxation | ||||
| For the period |
(96,591) |
(174,649) |
(136,573) |
32,629 |
|
——— |
——— |
——— |
——— |
|
|
Rupees |
||||
| (Loss)/ Earnings – per share |
(3.37) |
(6.09) |
(4.76) |
1.14 |
For more information, Contact:
Mujahid Bashir
Company Secretary
Chashma Sugar Mills Limited
King’s Arcade, 20-A,
Markaz F-7, P.O. Box 1529,
Islamabad.
Tel: (051) 2650805-7
Fax: (051) 2651258-6