AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: We have to inform you that the Board of Directors in their meeting held on 05:00 p.m. on July 30, 2011 recommended the following:-
i) Cash Dividend
No Cash Dividend has been recommended.
ii) Bonus issue
No Bonus Shares have been recommended.
iii) Right Shares
No Right Shares at par or at premium have been recommended
The financial results of the Company are as follows:
|
NINE MONTHS PERIOD ENDED |
QUARTER ENDED |
|||
|
JUNE30 |
JUNE30 |
|||
|
2011 |
2010 |
2011 |
2010 |
|
|
(Rupees) |
(Rupees) |
(Rupees) |
(Rupees) |
|
| Sales – Net | 4,666,467,732 | 6,754,936,311 | 1,206,048,611 | 2,240,776,914 |
| Cost of Sale | (3,699,623,631) | (6,143,997,925) | (912,150,185) | (1,845,348,897) |
| ————- | ————- | ————- | ————- | |
| Gross Profit | 966,844,101 | 610,938,386 | 293,898,426 | 395,428,017 |
| Administrative expenses | (157,876,147) | (153,535,524) | (47,029,020) | (40,315,740) |
| Distribution expenses | (64,580,885) | (21,623,779) | (21,472,910) | (5,297,180) |
| Other operating expenses | (19,887,383) | (3,380,542) | (1,917,031) | (3,380,542) |
| Other income | 4,874,493 | 8,401,644 | 631,818 | 1,908,760 |
| ————- | ————- | ————- | ————- | |
| (237,469,922) | (170,138,201) | (60,787,143) | (47,084702) | |
| ————- | ———— | ————- | ————- | |
| Profit from operations | 729,374,179 | 440,800,180 | 224,111,283 | 348,343,315 |
| Finance cost | (434,101,130) | (395,187,355) | (171,307,763) | (165,961,203) |
| ————- | ————- | ————- | ————- | |
| Profit before taxation | 295,273,049 | 45,612,830 | 52,803,520 | 182,382,112 |
| Taxation | (43,664,677) | (35,742,100) | (12,060,486) | (9,152,821) |
| ————- | ————- | ————- | ————- | |
| Profit after taxation | 248,608,372 | 9,870,730 | 40,743,034 | 173,228,291 |
| ————- | ————- | ————- | ————- | |
| Earnings per share | 2.112 | 0.084 | 0.346 | 1.472 |
For more information, contact:
Ahmed Jehanzeb khan
Company Secretary
Tandlianwala Sugar Mills Limited
32-N, Ghulberg-II, Industrial Area,
Lahore-54660, Pakistan
Tel: +9242 35712901
Fax: +9242 35710929
Email: tsmlho@yahoo.com