AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, December 27, 2012 (PPI-OT): We have to inform you that the Board of Directors of our company in their meeting held on Tuesday, the 27th December 2012 at 02.00 P.M. at the Registered Office at Khairpur House, G-22/II, Gizri Avenue, Defence Housing Authority, Phase IV, Karachi, recommended the following:
Financial Results of the Company are as follows:
|
2012 |
2011 |
|
|
Rupees |
Rupees |
|
| Sales-net |
1,714,831,761 |
1,534,345,604 |
| Cost of sales |
1,789,215,134 |
1,393,210,902 |
|
————- |
————- |
|
| Gross (loss)/ profit |
(74,383,373) |
141,074,702 |
| Administrative expenses |
82,913,305 |
71,204,660 |
| Distribution expenses |
8,460,566 |
5,002,745 |
| Other operating expenses |
5,894,210 |
2,440,954 |
|
————- |
————- |
|
|
97,268,081 |
78,648,359 |
|
|
————- |
————- |
|
| Operating (loss)/ profit |
(171,651,454) |
62,426,343 |
| Other Operating income |
35,578,679 |
863,464 |
|
————- |
————- |
|
|
(130,072,775) |
62,789,807 |
|
| Finance Cost |
35,460,941 |
16,411,673 |
|
————- |
————- |
|
| (Loss)/ Profit before taxation |
(171,533,716) |
46,378,134 |
| Taxation |
(4,104,998) |
28,022,613 |
|
————- |
————- |
|
| (Loss)/ Profit after taxation |
(167,428,718) |
18,355,521 |
|
————- |
————- |
|
| (Loss)/ earning per share-basic and diluted |
(10.45) |
1.15 |
The Annual General Meeting of the Company will be held on 30-01-2013 at 05:00 p.m. at C-32, Mezanine floor, 24th Commercial Street, Defence Housing Authority, Phase II Extension, Karachi.
For more information, contact:
Khairpur Sugar Mills Limited
G-22 /II, Gizri Avenue,
Phase-IV D.H.A., Karachi.
Tel: 021- 35810771-5
Fax: 021- 35810776
Cell: 0300-2028800
E-mail: Jurmanigroup@yahoo.com