Skip to Content

Monday, September 27th, 2021

The Premier Sugar Mills and Distillery Company Limited’s financial results for the quarter and nine months Ended June 30, 2011

Be First!

Karachi: We have to inform you that the Board of Directors in the Meeting held on Tuesday, July 26, 2011 at 11:30 a.m. have approved the following financial results for the Quarter and Nine months ended 30 June, 2011.

The Financial Results of the Company are as follows:

For the 3rd Quarter

Cumulative

April-June April-June Oct-June Oct-June
2011 2010 2011 2010

Rupees in thousands

Turnover 5,445 23,411 397,954 207,539
Less: Sales tax and Federal Excise Duty 849 2,416 15,742 15,992
——- ——- ——- ——-
Sales: Net 4,596 20,995 382,212 191,547
Cost of Sales (26,024) 63,049 491,307 270,997
——- ——- ——- ——-
Gross Profit / (Loss) 30,620 (42,054) 109,095 (79,450)
Administrative expenses 12,940 20,386 42,779 50,196
Distribution cost 280 209 1,021 561
Other Operating expenses 0 329 5 634
——- ——- ——- ——-
13,220 20,924 43,805 51,391
——- ——- —— ——-
17,400 (62,978) (152,900) (130,841)
Other Operating income 37,641 13,210 109,338 151,351
——- ——- ——- ——
55,041 (49,768) (43,562) 20,510
Finance Cost 23,666 1,473 38,226 1,573
——- ——- ——- ——-
Profit / (Loss) before Taxation 31,375 (51,241) (81,788) 18,937
Taxation
– Current (1,375) 4,889 72 3,884
– Deferred 8,036 (8,235) (30,857) (2,270)
——- ——- ——- ——-
6,661 (3,346) (30,785) 1,614
——- ——- ——- ——-
Total Comprehensive income /(Loss) for the Period 24,714 (47,895) (51,003) 15,323
——- ——- ——- ——-
Rupees
Earnings / (Loss) per share 6.59 (12.77) (13.60) 4.09

For more information, contact:
Mujahid Bashir
Company Secretary
The Premier Sugar Mills and Distillery Company Limited
King’s Arcade, 20-A,
Markaz F-7,
P.O. Box 1529,
Islamabad
Tel: +92937 862051
Fax: +92937-862989

Previous
Next

Leave a Reply