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Saturday, December 16th, 2017

Noon Sugar Mills Limited’s financial results for the year ended 30 September, 2012

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Karachi, January 07, 2013 (PPI-OT): We have to inform you that the Board of Directors of the Company in their meeting held at Lahore on 05 January, 2013 recommended the following:

Cash Dividend                               Cash dividend @ Rs.21- per share (20%)

Bonus Issue                                 Nil

Right Shares                                Nil

Any Other Entitlement/ Corporate Action     Nil

Any Other Price Sensitive Information       Nil

The financial results of the Company are attached.

The Annual General Meeting (AGM) of the Company will be held on Thursday, 31 January, 2013 at 11:30 a.m. at Lahore.

Noon Sugar Mills Limited
Profit and Loss Account
For the Year Ended September 30, 2012

2012

2011

Note

Rupees on 000

Sales Net

28

4,622,657

3,101,489

Cost of Sales

29

4,201,356

2,695,524

———-

———–

Gross Profit

421,301

405,965

Distribution and Marketing expenses

30

86,210

77,595

Administrative Expenses

31

90,923

78,938

Other Operating Expenses

32

10,900

4,653

———-

———–

188,033

161,186

———-

———–

233,268

244,779

Other Operating Income

33

16,639

9,280

———-

———–

Profit from Operations

249,907

254,059

Finance Cost

34

127,589

197,925

———-

———–

Profit for the Year before
Share of (Loss) / Profit of an Associated
Company and Taxation

122,216

56,134

Share of (Loss) / Profit of an Associated
Company – net of taxation

(1,433)

6,508

———-

———–

Profit before Taxation

120,785

62,642

Taxation

35

14,487

27,784

———-

———–

Profit for the Year

106,298

34,858

Other Comprehensive Income

———-

———–

Total Comprehensive Income for the year

106,298

34,858

———-

———–

Rupees

Earnings per Share – basic and diluted

36

6.44

2.11

For more information, contact:
Noon Sugar Mills Limited
66-Garden Block,
New Garden Town, Lahore
Tel: 042-35831462-63
Fax: 042-35831462
Website: www.noonsugar.com
Email: shares@noonsugar.com

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