AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, January 24, 2013 (PPI-OT): We have to inform you that the Board of Director’s of our company in their meeting held on January, 27 2013 at 12:30 p.m. at 17-Abid Majeed Road, Lahore has approved the following:
(i) Cash Dividend NIL
(ii) Bonus Shares NIL
(iii) Right Shares NIL
The financial results of the Company for the first quarter ended December 31, 2013 are as follows:
|
31-Dec-12 |
31-Dec-12 |
|
|
Rupees |
Rupees |
|
| Gross sales |
9,454,497,823 |
9,812,471,394 |
| Less: FED and Sales tax |
(593,596,950) |
(754,481,480) |
|
————- |
————- |
|
| Net sales |
8,860,900,873 |
9,057,989,914 |
| Cost of sales |
(8,464,413,985) |
(8,382,041,264) |
|
————- |
————- |
|
| Gross profit |
396,486,888 |
675,948,650 |
| Administrative expenses |
(101,249,407) |
(102,044,942) |
| Distribution and marketing expenses |
(34,088,110) |
(4,049,341) |
| Other operating expenses |
(6,862,589) |
(24,231,833) |
| Other operating income |
44,306,850 |
29,068,861 |
|
————- |
————- |
|
|
(97,893,256) |
(101,257,255) |
|
|
————- |
————- |
|
| Operating profit |
298,593,632 |
574,691,395 |
| Finance cost |
(200,871,581) |
(230,869,517) |
|
————- |
————- |
|
| Profit before taxation |
97,722,051 |
343,881,878 |
| Taxation |
(36,324,478) |
(52,091,171) |
|
————- |
————- |
|
| Profit after taxation |
61,397, 573 |
291,730,707 |
|
————- |
————- |
|
| Basic earnings per share |
1.03 |
4.92 |
|
————- |
————- |
|
| Diluted earnings per share |
1.03 |
4.89 |
For more information, contact:
JDW Sugar Mills Limited
17-Abid Majeed Road,
Lahore Cant, Lahore.
PABX # 042-36664891-92, 36802573-74
Fax: 042-36854490
E-mail: jdwho@jdw-group.com