Shahmurad Sugar Mills Limited’s financial results for the first quarter ended 31st December 2011 y
Karachi: We have to inform you that Board of Directors of our Company in their meeting held at 11.30 a.m. on Friday, 27th January 2012 recommended the following:
i) Cash Dividend:
Cash Dividend for the First Quarter ended 31st December 2011 @ Re. NIL per share. Interim Dividend has already been paid at Rs. NIL per share i.e. NIL %.
ii) Bonus Issue:
It has also been recommended by the Board of Directors to issue Bonus Shares in the proportion of NIL shares for every NIL shares held i.e. NIL%. The Bonus Shares will be entitled/not entitled for the Right Shares.
iii) Right Shares:
The Board has also recommended to issue NIL % Right Shares at par/at a premium of Rs. NIL per share in proportion of NIL shares for every NIL shares.
The financial results of the company are as follow:
Rupees in Thousand
October to December
|Cost of Sales||(1,531,721)||(732,842)|
|Other Operating Charges||(134)||(1,860)|
|Other Operating Income||1,496||37|
|(Loss)/ Profit before taxation||(120,713)||23,088|
|(Loss)/ Profit for the period after taxation||(89,818)||15,314|
|(Loss)/ Earnings per share – Basic and Diluted – Rupees||(4.25)||0.73|
For more information, contact:
M. Yasin Mughal
Shahmurad Sugar Mills Limited
96-A, Sindh Muslim Housing Society,
Tel: 34550161-63, 34550030-31,
Fax: (92-21) 34556675