Karachi, January 07, 2013 (PPI-OT): We have to inform you that the Board of Directors of the Company in their meeting held at Lahore on 05 January, 2013 recommended the following:
Cash Dividend Cash dividend @ Rs.21- per share (20%)
Bonus Issue Nil
Right Shares Nil
Any Other Entitlement/ Corporate Action Nil
Any Other Price Sensitive Information Nil
The financial results of the Company are attached.
The Annual General Meeting (AGM) of the Company will be held on Thursday, 31 January, 2013 at 11:30 a.m. at Lahore.
Noon Sugar Mills Limited | |||
Profit and Loss Account | |||
For the Year Ended September 30, 2012 | |||
2012 |
2011 |
||
Note |
Rupees on 000 |
||
Sales Net |
28 |
4,622,657 |
3,101,489 |
Cost of Sales |
29 |
4,201,356 |
2,695,524 |
———- |
———– |
||
Gross Profit |
421,301 |
405,965 |
|
Distribution and Marketing expenses |
30 |
86,210 |
77,595 |
Administrative Expenses |
31 |
90,923 |
78,938 |
Other Operating Expenses |
32 |
10,900 |
4,653 |
———- |
———– |
||
188,033 |
161,186 |
||
———- |
———– |
||
233,268 |
244,779 |
||
Other Operating Income |
33 |
16,639 |
9,280 |
———- |
———– |
||
Profit from Operations |
249,907 |
254,059 |
|
Finance Cost |
34 |
127,589 |
197,925 |
———- |
———– |
||
Profit for the Year before | |||
Share of (Loss) / Profit of an Associated | |||
Company and Taxation |
122,216 |
56,134 |
|
Share of (Loss) / Profit of an Associated | |||
Company – net of taxation |
(1,433) |
6,508 |
|
———- |
———– |
||
Profit before Taxation |
120,785 |
62,642 |
|
Taxation |
35 |
14,487 |
27,784 |
———- |
———– |
||
Profit for the Year |
106,298 |
34,858 |
|
Other Comprehensive Income |
– |
– |
|
———- |
———– |
||
Total Comprehensive Income for the year |
106,298 |
34,858 |
|
———- |
———– |
||
Rupees |
|||
Earnings per Share – basic and diluted |
36 |
6.44 |
2.11 |
For more information, contact:
Noon Sugar Mills Limited
66-Garden Block,
New Garden Town, Lahore
Tel: 042-35831462-63
Fax: 042-35831462
Website: www.noonsugar.com
Email: shares@noonsugar.com