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 › Financial Results › Sanghar Sugar Mills Limited’s Financial Results for the half year ended March 31, 2011

Sanghar Sugar Mills Limited’s Financial Results for the half year ended March 31, 2011

Web Desk May 27, 2011     No Comment     Financial Results

Karachi: We have to inform you that the Board of Directors of our Company in their meeting held on May 27, 2011 at 11:00 an. at the registered office: 101-1st Floor, Ocean Centre, Talpur Road, Karachi, have approved the Un-audited Condensed Interim Financial Information of the Company for six months period ended March 31, 2011 and decided not to declare any interim dividend. The financial results of the Company are as follows:

 Six months period endedQuarter ended
Mar 31Mar 31Mar 31Mar 31
2011201020112010
(Rupees in ’000′)
Sales1,006,166711,480786,631352,230
Cost of sales875,022510,326700,852230,171
 —————–——-——–
Gross profit131,144201,15485,779122,059
Distribution cost1,9711,1741,531896
Administrative expenses46,25137,05329,12220,921
 —————–——-——–
48,22238,22730,65321,817
Other operating income5,607907933883
 —————–——-——–
88,529163,83456,059101,125
Finance cost30,24728,69926,42523,857
Other operating charges5,24210,5012,9746,289
 —————–——-——–
35,48939,20029,39930,146
—————–——-——–
Net profit before taxation53,040124,63426,66070,979
Taxation10,85544,73271924,881
 —————–——-——–
Net profit after taxation42,18579,90225,94146,098
 —————–——-——–
Earnings per share – Basic and diluted3.536.692.173.86
 —————–——-——–

For more information, contact:

Company Secretary

Sanghar Sugar Mills Limited

101 – 1st Floor, Ocean Centre,

Talpur Road, Karachi – Pakistan.

Tel: +9221 32427171-72

Fax: +9221 32410700,

E-mail: ssml@cyber.net.pk

Financial Results

 Previous Post

The Karachi Stock Exchange (Guarantee) Limited’s Issuance of Right Share @ 25% at Pak Rs. 15

― May 27, 2011

Next Post 

Chashma Sugar Mills Limited’s Financial Results for Half Year Ended March 31, 2011

― May 27, 2011

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