AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, May 31, 2012 (PPI-OT): We have to inform you that directors of the company approved the accounts for the six months period ended March 31, 2012 on May 31, 2012 at registered office of the Company, declaring no dividend for the shareholders.
The Financial results of the Company are as follows:
|
Quarter ended |
half year ended |
|||
|
31 March |
31 March |
31 March |
31 March |
|
|
2012 |
2011 |
2012 |
2011 |
|
|
Rupees |
Rupess |
Rupees |
Rupess |
|
| Sales |
279,017,867 |
66,037,830 |
492,923,819 |
666,057,830 |
| Less: Cost of Sales |
(361,620,592) |
(529,022,368) |
(574,527,734) |
(622,683,191) |
|
———– |
———– |
———– |
———– |
|
| Gross (loss) / Profit |
(82,602,725) |
136,985,462 |
(81,603,915) |
43,374,639 |
| Distribution cost |
98,163 |
3,603,885 |
387,777 |
3,605,385 |
| Administrative expenses |
26,972,665 |
7,112,153 |
34,890,913 |
9,624,749 |
|
———– |
———– |
———– |
———– |
|
|
27,070,828 |
10,716,038 |
35,198,690 |
13,230,134 |
|
|
———– |
———– |
———– |
———– |
|
| Operating (loss) /Profits |
(109,673,553) |
126,269,624 |
(116,802,605) |
30,144,505 |
| Other Operating income |
162,501 |
86,998 |
1,291,002 |
9,457,689 |
|
———– |
———– |
———– |
———– |
|
|
(109,511,052) |
126,356,422 |
(115,511,603) |
39,602,194 |
|
| Finance cost |
36,179,684 |
64,583,973 |
130,034,342 |
65,222,102 |
|
———– |
———– |
———– |
———– |
|
| Taxation |
3,316,178 |
6,660,578 |
– |
6,660,578 |
|
———– |
———– |
———– |
———– |
|
| (Loss)/ profit before taxation |
(148,805,834) |
55,111,871 |
(245,545,945) |
(32,280,491) |
| Other comprehensive income |
– |
– |
– |
– |
|
———– |
———– |
———– |
———– |
|
|
(148,805,834) |
55,111,871 |
(245,545,945) |
(32,280,491) |
|
|
———– |
———– |
———– |
———– |
|
| (Loss) / earning per share – Basic |
(17.66) |
6.32 |
(28) |
(3.70) |
For more information, Contact:
Bawany Sugar Mills Limited
1st Floor, Block-2,
Hockey Club of Pakistan Stadium,
Karaci-75350, Pakistan
UAN: 92-21 111-600-447
Ph: 92-21 35657781-6, 92-21 35655131-4
Fax: 92-21 35680533