Safe Mix Concrete Products Limited’s financial results for the year ended June 30, 2012

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Karachi, September 28, 2012 (PPI-OT): We would like to inform you that the Board of Directors or our company in its meeting held on Friday, September 28, 2012 at 11:00 a.m. at the Arif Habib Center 23, M.T. Khan Road, Karachi, has approved the following financial Results:

	Year Ended
	30-Jun-2012	30-Jun-2011
	(Amount in Rupees)
Net Sales	544,316,927	502,190,123
Cost of sales	(537,201,896)	(473,147,535)
	———–	———–
Gross profit	7,115,031	29,042,588
Selling and Administration expenses	(25,770,323)	(35,572,648)
	———–	———–
Operating loss	(18,055,292)	(6,530,060)
Finance cost	(11,871,773)	(13,390,554)
Other operating income	29,495,640	6,747,217
	———–	———–
Loss before taxation	(1,031,425)	(13,173,397)
Taxation	(5,723,311)	8,206,971
	———–	———–
Loss after taxation	(6,754,736)	(4,966,426)
	———–	———–
Loss per share-basic and diluted	(0.34)	(0.25)

The Board has also recommended the following:

Cash Dividend                                    Nil

Bonus Shares                                     Nil

Right Shares                                     Nil

Any other entitlement / corporate action         Nil

Any other sensitive information                  Nil

For more information, contact:
Safe Mix Concrete Products Limited
Karachi Plot # 1, 6 Sector No. 26,
Bilal Chorangi Industrial Area,
Near Fire Brigade Karachi,
Phone: +92 21 5074 581-84
Fax: +92 21 5074 603
Help Line 0345 2022 471
Email: gm@safemixlimited.com