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Friday, September 17th, 2021

Pangrio Sugar Mills Limited’s financial results for the quarter year ended June 30, 2011

Be First!

Karachi: We have to inform you that Board of Directors of our Company in their Meeting held at 12:00 noon on Thursday, July 21, 2011, recommended the following:

 

(1) Interim Cash Dividend Nil
(2) Interim Bonus Shares Nil
(3) Right Shares Nil

The Quarterly Results of the Company are as follows:

Quarter Ended

Nine Month Ended

June, 30 2011 (Rs) June, 30 2010 (Rs) June, 30 2011 (Rs) June, 30 2010 (Rs)
Sales – net 218,649,372 174,352,734 1,158,876,820 922,068,331
Less: Cost of sales (212,325,250) (186,307,775) (1,129,160,478) (792,790,525)
————- ————- ————— ————-
Gross Profit / (loss) 6,324,122 (11,955,041) 29,716,342 129,277,806
Operating Expenses:
Administrative expenses 7,739,658 6,422,720 25,466,170 18,903,373
Distribution 99,121 132,471 2,389,774 1,389,847
————- ————- ————— ————-
(7,838,779) (6,555,191) (27,855,944) (20,293,220)
Operating Profit / (loss) (1,514,657) (18,510,232) 1,860,398 108,984,587
Other Charges:
Finance cost (1,454,711) (954,475) (5,907,850) (5,629,216)
Other Income 130,012 240,163 1,388,467 9,068,615
Other cost 0 1,326,493 0 (7,755,185)
————- ————- —————  ————-
(1,324,699) 612,181 (4,519,383) (4,315,787)
Net profit / (loss) before taxation (2,839,357) (17,898,051) (2,658,986) 104,668,800
Taxation (2,186,494) (871,764) (11,588,768) (4,610,342)
————- ————- ————— ————-
Net profit/ (loss) after taxation (5,025,851)  (18,769,815) (14,247,754) 100,058,458
————- ————- ————— ————-
Earning per share – basic and diluted (0.46) (1.73) (1.31)  9.22

For more information, Contact:
M. Yunus Ansari
Company Secretary
Pangrio Sugar Mills Limited
10th Floor, Building No. 1, Lakson Square,
Sarwar Shaheed Road,
Karachi.
PABX: 5680151
Fax: (92-21) 5680183

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