• General
  • Industry
  • Government & Politics
  • Other Language
  • Press Release
  • Home
  • Submit News
  • Contact Us
  • About Us
Pakistan Newswire
Menu
  • General
  • Industry
  • Government & Politics
  • Other Language
  • Press Release
 › Financial Results › Sakrand Sugar Mills Limited’s Financial Results For The Half Year Ended March 31, 2011

Sakrand Sugar Mills Limited’s Financial Results For The Half Year Ended March 31, 2011

Web Desk May 24, 2011     No Comment     Financial Results

 

Karachi: We have to inform you that the Board of Directors of the Company has approved the accounts for the Half Year ended March 31, 2011 on May 23, 2011 at 41-K, P.E.C.H.S., Karachi declaring no entitlement for the shareholders.

The financial results of the Company are as follows:

 For The Half Year EndedFor The Quarter Ended
March 31, 2011201020112010
RupeesRupeesRupeesRupees
Sales – Net2,540,483,1652,128,532,7061,894,291,6521,662,891,885
Cost of sates(2,427,902,812)(1,996,686,368)(1,823,390,977)(1,609,023,744)
 ————-————-————-————-
112,580,353131,846,33870,900,67553,868,141
Operating expenses    
Administrative expenses47,613,06843,667,46625,304,50623,885,002
Distribution cost2,416,1441,785,8641,720,5921,346,721
 ————-————-————-————-
50,029,21245,453,33027,025,09825,231,723
————-————-————-————-
Operating profit62,551,14186,393,00843,875,57728,636,418
 ————-————-————-————-
Finance costs37,490,87036,087,16119,695,35018,231,179
Other charges71,571404,34038,571304,340
Income on long term investment(4,845,835)–(4,845,835)–
Other loss/ (gain)15,979(15,280)20,079(14,200)
 ————-————-————-————-
32,732,58536,476,22114,908,16518,521,319
————-————-————-————-
Profit before taxation29,818,55649,916,78728,967,41210,115,099
Taxation    
Current(25,405,029)(10,642,740)(18,943,073)(8,314,530)
Prior(40,363)–(40,363)–
Deferred(1,954,423)–4,940,011–
 ————-————-————-————-
(27,399,815)(10,642,740)(14,043,425)(8,314,530)
————-————-————-————-
Profit after taxation2,418,74139,274,04714,923,9871,800,569
 ————-————-————-————-
Earnings per shareRs.      0.11Rs.     1.76Rs.      0.67Rs.      0.08
 ————-————-————-————-

For more information, contact:

Mustafa Kanani

Company Secretary

Sakrand Sugar Mills Limited

41-K, Block-6,

P.E.C.H.S., Karachi-75400,

Pakistan.

UAN: +9221 111-48-48-48

Tel: +9221 34531642

Fax: +9221 34546456

Email: admin@sakrandsugar.com

Financial Results

 Previous Post

National Assembly Speaker and Deputy Speaker condoles the passing away of Hakim Ali Zardari

― May 24, 2011

Next Post 

National Media Workshop Serial 4, held at National Defence University

― May 24, 2011

Related Articles

Web Desk ― April 28, 2016 | Comment Closed

Byco Petroleum posts operating profit of Rs 2.13 billion

Karachi, April 28, 2016 (PPI-OT):Byco Petroleum Pakistan Limited announced financial results for nine months ending 31st March 2016 of its financial year 2015-16. The Company posted Net Sales of Rs. 54 Billion that resulted in an Operating Profit of Rs. 2.13 Billion. Byco Petroleum Pakistan Limited managed to recover with the return of relative stability ...

Web Desk ― April 25, 2016 | Comment Closed

Financial results of Lakson Investments Limited for period ended March 31, 2016

Web Desk ― April 25, 2016 | Comment Closed

Financial results of Faysal Savings Growth Fund for period ended March 31, 2016

Web Desk ― April 25, 2016 | Comment Closed

Financial results of Faysal Islamic Savings Growth Fund for period ended March 31, 2016

Web Desk ― April 25, 2016 | Comment Closed

Financial results of Faysal Income & Growth Fund for period ended March 31, 2016

Web Desk ― April 25, 2016 | Comment Closed

Financial results of Faysal Money Market Fund for period ended March 31, 2016

Web Desk ― May 7, 2015 | Comment Closed

Financial results of Crescent Cotton Mills Limited for the period ended June 30, 2014

Web Desk ― April 27, 2015 | No Comment

Financial results of PICIC Insurance Limited for period ended March 31, 2015

Leave a Reply Cancel reply

You must be logged in to post a comment.

Search

Monthly Archives

Follow Us

Pages

  • Home
  • Submit News
  • Contact Us
  • About Us

Advertisement

Calendar

January 2021
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Dec    


The strategy of the team behind “Pakistan news Wire.Net” is clear and it is to publish only authentic news as that is what the true journalism demands from any media outlet, and the “Pakistan News Wire. Net”, discourages the practice of opting for illegal approaches in order to get the ratings by any means. The more media outlets opt [...]

Archives

Search

Categories

  • General
  • Industry
  • Government & Politics
  • Other Language
  • Press Release
Copyright © 2020 - Pakistan News Wire. All Rights Reserved.