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Home » Financial Results

Colony Sugar Mills Limited’s declaration of financial results for the quarter ended December 31, 2011

January 31, 2012

Karachi: We have to inform you that Board of Directors of the company declared following financial results for the quarter ended December 31, 2011 in their meeting held on Monday, January 30, 2012 at 4.00 p.m., at Ismail Aiwan-e-Science Building, 205 Ferozepur Road, Lahore:

 

December 31

2011

2010

Rupees in thousand

Sales – net 976,121 914,334
Cost of sales 780,215 721,194
——- ——-
Gross Profit 195,906 193,140
Administrative expenses 28,380 25,643
Distribution and marketing expenses 45,766 44,614
——- ——-
74,146 70,257
——- ——-
Operating profit 121,760 122,883
Other operating income 118 65
——- ——-
121,878 122,948
Finance cost 104,375 102,941
Other operating expenses 875 1,000
——- ——-
105,250 103,941
——- ——-
Profit before taxation 16,628 19,007
Provision for taxation 9,761 9,196
——- ——-
Profit for the period 6,867 9,811
——- ——-
Earnings per share – basic and diluted    (Rupees) 0.07 0.10

 

Keeping in view current economic scenario and expansion/growth of the company, directors have not recommended Cash dividend, Bonus/Right shares.

 

For more information, contact:
Abdul Mansoor Khan
Company Secretary
Colony Sugar Mills Limited
Ismail Aiwan-e-Science Building,
205-Ferozepur Road, Lahore-54600 Pakistan.
Phone #: +92 42 111-COLONY
Fax #: +92 42 576-3246
E-mail: info@colonysugar.com

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