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Noon Sugar Mills Limited’s 1st quarterly financial results for the period ended 31 December, 2011

Be First!

Karachi: We have to inform you that the Board of Directors of the Company in their meeting held at Lahore on 27 January, 2012 recommended the following:

 

(i) Cash Dividend                                    Nil
(ii) Bonus Issue                                     Nil
(iii) Right Shares                                   Nil
(iv) Any Other Entitlement/ Corporate Action         Nil
(v) Any Other Price Sensitive Information            Nil

The financial results of the Company are attached.

Condensed Interim Profit and Loss Account (Un-Audited) for the First Quarter Ended 31 December, 2011

 

For the First Quarter Ended

December

December

2011

2010

Note

(Rupees in thousands)

Sales – Net1,644,016490,797
Cost of Sales1,625,292408,730
—————-
Gross Profit/ (Loss)18,72482,067
Distribution and Marketing Cost9,8302,320
Administrative Expenses17,53014,709
Other Operating Expenses3,851
Other Operating Income(1,164)(6,542)
—————-
26,19614,338
—————-
Profit/ (Loss) from Operations(7,472)67,729
Finance Cost29,96924,278
—————-
Profit/ (Loss) before taxation(37,441)43,451
Taxation1016,4404,908
—————-
Profit/ (Loss) after Taxation(53,881)38,543
Other Comprehensive Income
—————-
Total comprehensive income /
(loss) for the period(53,881)38,543
—————-
Rupees
Earnings / (Loss) Per Share(3.26)2.33

 

The annexed notes form an integral part of this condensed interim financial information.

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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