AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, July 26, 2013 (PPI-OT): We have to inform you that the Board of Directors in the Meeting held on Friday, July 26, 2013 at 10:30 am, have approved the following financial results for the Quarter and nine months ended 30 June, 2013.
The Financial results of the Company are as follows:
For the 3rd Quarter Cumulative
April-June April-June Oct-June Oct-June
2013 2012 2013 2012
Rupees in thousand
Sales-Net 1,673,865 328,657 5,152,577 5,142,646
Cost of sales 1,474,233 352,216 4,001,399 4,993,245
--------- ------- --------- ---------
Gross profit/ (loss) 199,632 (23,559) 491,178 149,401
Distribution cost 31,076 821 64,912 13,440
Administrative expenses 29,423 76,159 117,651 93,424
Other operating expenses 751 793 2,463 1,036
Other operating Income (5,079) (12,015) (56,790) (43,640)
--------- ------- --------- ---------
56,171 15,758 128,236 61,260
--------- ------- --------- ---------
Profit/ (loss) from Operations 143,461 (39,317) 362,942 85,141
Finance cost 132,080 91,994 316,798 233,028
--------- ------- --------- ---------
Profit/ (Loss)-before taxation 11,381 (131,311) 46,144 (147,887)
Taxation
- Current 25,410 (21,999) 50,216 26,848
- Deferred (11,448) (12,721) (34,345) (38,162)
--------- ------- --------- ---------
13,962 (34,720) 13,871 (11,314)
--------- ------- --------- ---------
(Loss)/ Profit after Taxation (2,581) (96,591) 30,273 (136,573)
--------- ------- --------- ---------
Rupees
(Loss)/ Earning-per share (0.09) (3.37) 1.06 (4.76)
--------- ------- --------- ---------
We will be sending you 200 Copies of printed accounts for distribution amongst the Members of the Exchange in due course of time.
For more information, contact:
Mujahid Bashir
Company Secretary
Chashma Sugar Mills Limited
King’s Arcade, 20-A,
Markaz F-7, Post Box No.1529,
Islamabad.
Tel: 051-2650805-7
Fax: 051-2651285-6