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Monday, September 24th, 2018

Ansari Sugar Mills Limited’s financial results for the nine-months period ended June 30, 2013

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Karachi, August 01, 2013 (PPI-OT): We have to inform you that the director of the Company approved the accounts for the Nine-Months period ended June 30, 2013 on July 31, 2013 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                         Quarter Ended
                                             30 June               30 June                30 June             30 June
                                               2013                  2012                   2013                2012
                                                          (Rupees)                                   (Rupees)

Sales-Net                                  2,216,149,895         1,431,474,170           588,365,248         793,081,123
Cost of Sales                             (2,005,199,533)         1,392429,560          (285,963,611)        727,633,647
                                           -------------         -------------           -----------         -----------
Gross Profit/ (loss)                         210,930,262            38,844,610           302,401,637          65,447,476
Operating Expenses
Distribution cost                            (33,472,505)            7,381,716            (9,654,494)          3,299,817
Administrative expenses                      (72,899,446)           58,947,262           (12,821,834)         22,036,105
                                           -------------         -------------           -----------         -----------
                                            (106,371,950)           66,328,978           (22,476,327)         26,335,922
                                           -------------         -------------           -----------         -----------
Operating Profit/ (loss)                     104,578,412           (27,484,268)          279,925,310          39,111,554
Other operating income                        30,464,982            65,656,457             3,000,000          47,332,253
                                           -------------         -------------           -----------         -----------
                                             135,043,394            38,172,089           282,925,310          86,443,807
Finance cost                                (213,738,398)          250,543,487           (45,423,062)         75,858,007
                                           -------------         -------------           -----------         -----------
(Loss)/ Profit before taxation               (78,695,004)         (212,371,398)          237,502,248          10,585,800
Provision for taxation-Current               (24,002,900)          (15,891,982)           (6,766,138)         (7,930,811)
Deferred                                     204,096,125                   -                     -                   -
                                           -------------         -------------           -----------         -----------
(Loss)/ Profit after taxation                101,398,221          (228,263,380)          230,736,110           2,654,989
(Loss)/ Earning per share                           4.15                 (9.35)                 9.45                0.11

We will be sending you 300 copies of printed Accounts for distribution amongst the members of the Exchange.

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: 92-21 111-666-447,
Ph: 92-21 35855131-4, 35657781-6
Fax: 92-21 35680633

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