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Shahtaj Sugar Mills Limited’s un-audited accounts for the quarter ended December 31, 2011

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by January 27, 2012 Miscellaneous

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- net1,126,453542,264
Cost of Sales1,011,340444,440
—————-
Gross profit115,11397,824
Distribution cost1,9911,378
Administrative expenses35,35626,540
Other operating expenses6,5545,788
Other operating income(4,932)(6,003)
—————-
38,96927,703
—————-
Operating profit76,14470,121
Finance cost2331,197
—————-
75,91168,924
Share of profit / (Loss) in associates – net
—————-
Profit before taxation75,91168,924
Taxation27,00024,125
—————-
Net profit for the period48,91144,799
—————-
Earnings per shares – Basic
(Rupees per share)4.073.73

 

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

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