AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: We have to inform you that Board of Directors of our Company in their Meeting held at 12:00 noon on Thursday, July 21, 2011, recommended the following:
| (1) | Interim Cash Dividend | Nil |
| (2) | Interim Bonus Shares | Nil |
| (3) | Right Shares | Nil |
The Quarterly Results of the Company are as follows:
|
Quarter Ended |
Nine Month Ended |
|||
| June, 30 2011 (Rs) | June, 30 2010 (Rs) | June, 30 2011 (Rs) | June, 30 2010 (Rs) | |
| Sales – net | 218,649,372 | 174,352,734 | 1,158,876,820 | 922,068,331 |
| Less: Cost of sales | (212,325,250) | (186,307,775) | (1,129,160,478) | (792,790,525) |
| ————- | ————- | ————— | ————- | |
| Gross Profit / (loss) | 6,324,122 | (11,955,041) | 29,716,342 | 129,277,806 |
| Operating Expenses: | ||||
| Administrative expenses | 7,739,658 | 6,422,720 | 25,466,170 | 18,903,373 |
| Distribution | 99,121 | 132,471 | 2,389,774 | 1,389,847 |
| ————- | ————- | ————— | ————- | |
| (7,838,779) | (6,555,191) | (27,855,944) | (20,293,220) | |
| Operating Profit / (loss) | (1,514,657) | (18,510,232) | 1,860,398 | 108,984,587 |
| Other Charges: | ||||
| Finance cost | (1,454,711) | (954,475) | (5,907,850) | (5,629,216) |
| Other Income | 130,012 | 240,163 | 1,388,467 | 9,068,615 |
| Other cost | 0 | 1,326,493 | 0 | (7,755,185) |
| ————- | ————- | ————— | ————- | |
| (1,324,699) | 612,181 | (4,519,383) | (4,315,787) | |
| Net profit / (loss) before taxation | (2,839,357) | (17,898,051) | (2,658,986) | 104,668,800 |
| Taxation | (2,186,494) | (871,764) | (11,588,768) | (4,610,342) |
| ————- | ————- | ————— | ————- | |
| Net profit/ (loss) after taxation | (5,025,851) | (18,769,815) | (14,247,754) | 100,058,458 |
| ————- | ————- | ————— | ————- | |
| Earning per share – basic and diluted | (0.46) | (1.73) | (1.31) | 9.22 |
For more information, Contact:
M. Yunus Ansari
Company Secretary
Pangrio Sugar Mills Limited
10th Floor, Building No. 1, Lakson Square,
Sarwar Shaheed Road,
Karachi.
PABX: 5680151
Fax: (92-21) 5680183