Chashma Sugar Mills Limited’s financial results for the quarter and nine months ended June 31, 2010

Chashma Sugar Mills Limited’s financial results for the quarter and nine months ended June 31, 2010

Karachi: We have to inform you that the Board of Director in the Meeting held on Tuesday, July 26, 2011 at 11:00 a.m. have approved the following financial results for the Quarter and Nine Months ended June 30, 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 thousand

Sales Net 1,091,616 2,750,094 4,773,863 5,195,481
Cost of Sales 1,079,467 2,610,777 4,284,723 4,594,273
——— ——– ——– ———
Gross Profit 12,149 139317 489,140 601,208
Distribution cost 6,589 4,208 32,569 12,054
Administrative expenses 25,368 17,684 75,863 58,642
Other operating expenses 1,975 17 20,102 76
——— ——— ——— ———
33,932 21,900 128,531 70,772
——— ——— ——— ———
(21,783) 117,400 300,000 530,436
Other operating income 4,315 1,058 24,003 3,243
——— ——— ——— ———
Operating (Loss) / Profit (17,170) 115,400 384,611 534,379
Finance Cost 151,110 85,882 209,183 242,116
——— ——– ——— ———
(Loss) / Profit before taxation (168,500) 32,577 75,128 292,361
Taxation
-Current 10,795 13,729 47,525 35,046
-Prior Years (4,726) 0 (4,226) 0
——— ——— ——— ———
6,069 13,729 42,799 23,946
Total Comprehensive (Loss)/
Income for the period (174,649) 18,848 32,629 266,317
——— ——— ——— ———
Rupees
(Loss) / Earning per share (6.09) 0.60 1.14 0.28

 

For more information, contact:
Mujahid Bashir
Company Secretary
Chashma Sugar Mills Limited
Kings Arcade, 20- A,
Markaz F-7, Post Box No. 1529,
Islamabad
Tel: +9251 2650805-7
Fax: +9251 2651258-6

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