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Karachi: We have to inform you that Board of Directors of Husein Sugar Mills Limited (HUSS) in their meeting held at 11-00 A.M. on Friday the 27th of January 2012, has not recommended any interim dividend.
The financial results of the Company is complete Profit and Loss Account with comparative figures of corresponding period, as approved by the Directors, are placed below:
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Quarter Ended 31 Dec, 2011 |
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|
Rupees |
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|
December 31 |
December 31 |
|
|
2011 |
2010 |
|
| Rupees | Rupees | |
| Sales | 546,122,026 | 628,075,022 |
| Cost of Sales | (503,945,546) | (589,278,871) |
| ———– | ———– | |
| Gross Profit | 42,176,480 | 38,796,151 |
| Distribution Cost | (2,071,792) | (1,580,273) |
| Administrative Expenses | (24,206,634) | (19,722,195) |
| Other Operating Expenses | (20,000) | (57,035) |
| ———– | ———– | |
| (26,298,426) | (21,359,503) | |
| ———– | ———– | |
| 15,878,054 | 17,436,648 | |
| Other Operating Income | 3,895,304 | 3,552,055 |
| ———– | ———– | |
| Profit from Operations | 19,773,358 | 20,988,703 |
| Finance Cost | (9,996,897) | (4,478,926) |
| ———– | ———– | |
| Profit before Taxation | 9,776,461 | 16,509,777 |
| Provision for Taxation | 7,590,105 | 6,026,221 |
| ———– | ———– | |
| Profit after Taxation | 2,186,356 | 10,483,556 |
| ———– | ———– | |
| Profit / Loss per Share – Basic and Diluted | 0.13 | (0.87) |
The accounts are under print and will be sent to you 300 copies of the same for distribution amongst the members of the Exchange in due course of time.
For more information, contact:
Mst. Nusrat Shamim
Chief Executive
Husein Sugar Mills Limited
30 A/E-1, Old FCC, Gulberg III, Lahore.
Ph: 042-35762089-90, 5878153
Fax: 042-5712680
Website: www.huseinsugarmills.com
E-mail: info@huseinsugarmills.com