The Premier Sugar Mills and Distillery Company Limited’s financial results for the quarter ended 31, 2011
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Be First!
Karachi: We would like to inform you that the Board of Directors in the meeting held on Friday January 27, 2012 at 11:30 a.m. have approved the following results for the 1st Quarter Ended 31 December 2011.
1-Oct-11 | 1-Oct-10 | |
to | to | |
31-Dec-11 | 31-Dec-10 | |
Rupees in thousand | ||
| Sales Net | 586,233 | 334,782 |
| Cost of Sales | 621,111 | 348,959 |
| ———– | ———– | |
| Gross Loss | (34,878) | (14,177) |
| Administrative expenses | 16,898 | 14,040 |
| Distribution Cost | 6,028 | 448 |
| ———– | ———– | |
| 23,017 | 14,488 | |
| ———– | ———– | |
| Operating Loss | (57,895) | (28,665) |
| Other Operating income | 20,265 | 34,151 |
| ———– | ———– | |
| (37,630) | 5,486 | |
| Other Operating expenses | 122 | 327 |
| Finance Cost | 27,452 | 810 |
| ———– | ———– | |
| 27,574 | 1,137 | |
| ———– | ———– | |
| (Loss)/ Profit before taxation | (65,204) | 4,349 |
| Provision for taxation | ||
| Current | 62 | 3,379 |
| Deferred | (25,683) | 6,732 |
| ———– | ———– | |
| (25,621) | 10,111 | |
| ———– | ———– | |
| Loss – After taxation | (39,583) | (5,762) |
| ———– | ———– | |
| Rupees | ||
| Loss Per share | (10.56) | (1.54) |
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: (051) 2650805-7
Fax: (051) 2651258-6