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The Khairpur Sugar Mills Limited’s financial results for the year ended September 30, 2012

Be First!

Karachi, December 27, 2012 (PPI-OT): We have to inform you that the Board of Directors of our company in their meeting held on Tuesday, the 27th December 2012 at 02.00 P.M. at the Registered Office at Khairpur House, G-22/II, Gizri Avenue, Defence Housing Authority, Phase IV, Karachi, recommended the following:

Financial Results of the Company are as follows:

2012

2011

Rupees

Rupees

Sales-net

1,714,831,761

1,534,345,604

Cost of sales

1,789,215,134

1,393,210,902

————-

————-

Gross (loss)/ profit

(74,383,373)

141,074,702

Administrative expenses

82,913,305

71,204,660

Distribution expenses

8,460,566

5,002,745

Other operating expenses

5,894,210

2,440,954

————-

————-

97,268,081

78,648,359

————-

————-

Operating (loss)/ profit

(171,651,454)

62,426,343

Other Operating income

35,578,679

863,464

————-

————-

(130,072,775)

62,789,807

Finance Cost

35,460,941

16,411,673

————-

————-

(Loss)/ Profit before taxation

(171,533,716)

46,378,134

Taxation

(4,104,998)

28,022,613

————-

————-

(Loss)/ Profit after taxation

(167,428,718)

18,355,521

————-

————-

(Loss)/ earning per share-basic and diluted

(10.45)

1.15

The Annual General Meeting of the Company will be held on 30-01-2013 at 05:00 p.m. at C-32, Mezanine floor, 24th Commercial Street, Defence Housing Authority, Phase II Extension, Karachi.

For more information, contact:
Khairpur Sugar Mills Limited
G-22 /II, Gizri Avenue,
Phase-IV D.H.A., Karachi.
Tel: 021- 35810771-5
Fax: 021- 35810776
Cell: 0300-2028800
E-mail: Jurmanigroup@yahoo.com

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