Haji Mohammad Ismail Mills Limited’s financial results for the quarter ended 30-09-2012

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Karachi, November 01, 2012 (PPI-OT): We have to inform you that the Board of Directors of our company in their meeting held at 408-Commerce Centre, Hasrat Mohani Road, Karachi, at 5.00 p.m. on Wednesday the 31st October, 2012 recommended the following.

(i) Cash Dividend               Nil

(ii) Bonus Issue                Nil

(iii) Right Shares              Nil

(iv) Any Other Entitlement      Nil

Profit and Loss Account attached.

Since no announcement has been made by the board, therefore share transfer books of the company will not be closed.

Profit and Loss Account for the Period Ended September 30, 2012

		September 30,	September 30,
	Note	2012	2011
		Rupees	Rupees
Sales-Net	6	1,587,167	6,623,657
Cost of sales		(3,797,891)	(6,336,742)
		———-	———
Gross (loss)/ profit		(2,210,724)	286,915
Operating expenses
Administrative expenses		(440,857)	(418,448)
Other operating income		785,929	5,877
		———-	———
Operating (loss)		(1,865,652)	(125,656)
Finance cost		(940)	(1,120,972)
		———-	———
(Loss) before taxation		(1,866,592)	(1,246,628)
Taxation
Current		–	(66,237)
Deferred		(16,697,410)	(343,632)
		———-	———
Net (Loss)		(18,564,002)	(1,656,497)
		———-	———
(loss) per share-basic and diluted	7	(1.55)	(0.14)

For more information, contact:
M. Sarfraz
Company Secretary
Haji Mohammad Ismail Mills Limited
408-Commerce Centre,
Hasrat Mohani Road, Karachi
Tel: 32638521-4
Fax: 32639843,
E-mail: ifno@hmiml.com