Khairpur Sugar Mills Limited’s financial results for the quarter ended 30th June, 2011

Khairpur Sugar Mills Limited’s financial results for the quarter ended 30th June, 2011

Karachi: We have to inform you that the Board of Directors of our company in their meeting held on 21-07-2011 at 02.30 P.M. at the registered office of the company at Khairpur House, G-22/II, Gizri Avenue, Defence Housing Authority, Phase IV, Karachi, recommended the following.

Nil Declaration

Oct To Jun

Oct To Jun

Oct To Jun

Oct To Jun

2011

2010

2011

2010

Rupees

Sales 1,237,825,819 1,241,993,116 596,819,878 607,935,086
Cost of sales 1,072,045,811 1,170,353,029 576,833,311 610,587,990
————- ————- ———– ———–
Gross Profit/ (Loss) 165,780,008 71,640,087 19,986,567 (2,652,904)
Administrative Expenses 66,837,565 57,682,629 14,938,351 17,987,793
Selling and Distribution 6,123,849 3,982,942 (1,656,499) 473,984
————- ————- ———– ———–
72,961,414 61,665,571 13,281,852 18,461,777
Operating Profit / (Loss) 92,818,594 9,974,516 6,704,715 (21,114,681)
Other Income 164,601 166,708 2,690 1,207
————- ————- ———– ———–
92,983,195 10,141,224 6,707,405 (21,113,474)
Financial charges 12,208,811 51,505 6,850,468 (1,961,032)
Other Operating charges 5,583,304 (4,359,993)
————- ————- ———– ———–
17,792,115 51,505 6,850,468 (6,321,025)
Profit / (Loss) before Taxation 75,191,080 10,089,719 (143,063) (14,792,449)
Taxation 12,378,258 24,445,524 2,041,193 3,039,676
————- ————- ———– ———–
Profit / (Loss) after Taxation 62,812,822 (14,355,805) (2,184,256) (17,832,125)
———— ————- ———– ———–
Earning / (Loss) per share-basic and diluted 3.92 (0.90) (0.14) (1.11)

We will sending you 300 copies of printed accounts for distribution amongst the members of the exchange.

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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