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The Premier Sugar Mills and Distillery Company Limited’s financial results for the quarter ended 31, 2011

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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 Net586,233334,782
Cost of Sales621,111348,959
———–———–
Gross Loss(34,878)(14,177)
Administrative expenses16,89814,040
Distribution Cost6,028448
———–———–
23,01714,488
———–———–
Operating Loss(57,895)(28,665)
Other Operating income20,26534,151
———–———–
(37,630)5,486
Other Operating expenses122327
Finance Cost27,452810
———–———–
27,5741,137
———–———–
(Loss)/ Profit before taxation(65,204)4,349
Provision for taxation
Current623,379
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

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