AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, July 31, 2012 (PPI-OT): We have to inform you that Board of Directors of the company declared following financial results for the nine months ended June 30, 2012 in their meeting held on Monday, July 30, 2012 at 4.00 p.m. at Ismail Aiwan-e-Science Building, 205-Ferozepur Road, Lahore:
|
Nine Months Ended |
Third quarter ended |
|||
|
June 30 |
June 30 |
|||
|
2012 |
2011 |
2012 |
2011 |
|
|
Rupees in thousand |
||||
| Sales-net |
3,432,506 |
4,368,574 |
814,900 |
847,488 |
| Cost of sales |
2,858,311 |
3,698,303 |
647,546 |
603,020 |
|
——— |
——— |
——— |
——— |
|
| Gross Profit |
574,195 |
670,211 |
167,354 |
244,468 |
| Operating expenses | ||||
| Administrative exp |
81,449 |
81,069 |
22,626 |
22,783 |
| Distribution and marketing exp |
124,285 |
131,706 |
25,794 |
52,592 |
|
——— |
——— |
——— |
——— |
|
|
205,734 |
212,775 |
48,420 |
75,375 |
|
|
——— |
——— |
——— |
——— |
|
|
368,461 |
4S7,496 |
118,934 |
169,093 |
|
| Other operating income |
276 |
5,184 |
26 |
121 |
|
——— |
——— |
——— |
——— |
|
| Operating profit |
368,737 |
462,680 |
118,960 |
169,214 |
| Financial and Other Charges |
291,605 |
343,940 |
90,560 |
120,819 |
|
——— |
——— |
——— |
——— |
|
| Profit before taxation |
77,132 |
118,740 |
28,400 |
48,395 |
| Provision for Taxation |
34,325 |
46,702 |
8,149 |
8,475 |
|
——— |
——— |
——— |
——— |
|
| Profit for the period |
42,807 |
72,038 |
20,251 |
39,920 |
|
——— |
——— |
——— |
——— |
|
| Earnings per share – basic |
0.43 |
0.73 |
0.20 |
0.41 |
Directors have not recommended Cash Dividend, Bonus/Right Shares.
For more information, Contact:
Abdul Mansoor Khan
Company Secretary
Colony Sugar Mills Limited
Ismail Aiwan-e-Science Building,
205-Ferozepur Road, Lahore-54600 Pakistan.
Phone #: +92 42 111-COLONY
Fax #: +92 42 576-3246
E-mail: info@colonysugar.com