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Friday, September 18th, 2020

Ansari Sugar Mills Limited’s financial results for the nine months period ended June 30, 2011

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Karachi: We have to inform you that the director of the Company approved the accounts for the Nine-Months period ended June 30, 2011 on July 30, 2011 at registered office of the company, declaring no dividend for the shareholders. The financial results of the company are as follows:-

 

Nine-months Period Ended

Three- months Period Ended

30 June

2011

30 June

2010

30 June

2011

30 June

2010

(Rupees)

(Rupees)

Sales -Net 1,624,598,496 2,136,372,667 419,142,601 794,896,656
Cost of Sales 1,370,458,419 2,154,035,531 300,615,338 820,660,399
————- ————- ———– ———–
Gross Profit / (loss) 254,140,077 (17,662,864) 118,527,263 (25,763,743)
Distribution cost 3,620,396 2,365,808 281,851 296,578
Administrative expenses 44,835,428 35,205,151 16,540,829 11,745,084
————- ————- ———– ———–
48,455,824 37,570,959 16,822,680 12,041,662
————- ————- ———– ———–
Operating Profit/ (loss) 205,684,253 (55,233,823) 101,704,583 (37,805,105)
Other operating Income 6,366,480 4,744,147 2,1l9,715 1,820,750
————- ————- ———– ———–
212,050,733 (50,489,676) 103,824,298 (35,984,655)
Finance cost 211,470,788 99,656,106 91,525,833 40,317,640
————- ————- ———– ———–
Profit/(Loss) before taxation 579,945 (150,145,782) 12,298,465 (70,302,295)
Provision for taxation-Current (16,245,985) (10,681,863) (4,191,426) (3,974,483)
Prior (155,356) (155,356)
————- ————- ———– ———–
(Loss)/Profit after taxation (15,821,396) (160,827,645) 7,951,683 (80,276,778)
(Loss)/Earning per share (0.65) (6.59) 0.33 (3.29)

 

 

For more information, contact:
Company Secretary
Ansari Sugar Mills Limited
H.O.1st Floor, Block-2,
Hockey Club of Pakistan Stadium,
Karachi-75350, Pakistan.
UAN: +9221 111-666-447
Tel: +9221 35655131-4
Fax: +9221 35680533

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