Shahtaj Sugar Mills Limited’s un-audited accounts for the quarter ended December 31, 2011
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Be First!
Karachi: We are pleased to inform you that the Board of Directors of our Company in their meeting held at 11.00 A.M. on Friday the 27th January, 2011 have not recommended any cash dividend or any other benefit.
The financial results of the company’ are as follows:
December 31, | December31, | |
2011 | 2010 | |
(Rupees in thousands) | ||
| Sales- net | 1,126,453 | 542,264 |
| Cost of Sales | 1,011,340 | 444,440 |
| ——— | ——- | |
| Gross profit | 115,113 | 97,824 |
| Distribution cost | 1,991 | 1,378 |
| Administrative expenses | 35,356 | 26,540 |
| Other operating expenses | 6,554 | 5,788 |
| Other operating income | (4,932) | (6,003) |
| ——— | ——- | |
| 38,969 | 27,703 | |
| ——— | ——- | |
| Operating profit | 76,144 | 70,121 |
| Finance cost | 233 | 1,197 |
| ——— | ——- | |
| 75,911 | 68,924 | |
| Share of profit / (Loss) in associates – net | – | – |
| ——— | ——- | |
| Profit before taxation | 75,911 | 68,924 |
| Taxation | 27,000 | 24,125 |
| ——— | ——- | |
| Net profit for the period | 48,911 | 44,799 |
| ——— | ——- | |
| Earnings per shares – Basic | ||
| (Rupees per share) | 4.07 | 3.73 |
For more information, contact:
Jamil Ahmed Butt
Company Secretary
Shahtaj Sugar Mills Limited
19, Dockyard Road, West Wharf,
P.O. Box No. 4766, Karachi – 74000 (Pakistan)
Phones: (92-21) 32313934-38, 32312834, 32310973
Fax: (92-21) 32310623, 32205723
E-mail: jamilbutt@shahtaj.com