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Home » Financial Results

Dewan Sugar Mills Limited’s financial results for the first quarter ended December 31, 2011

January 31, 2012

Karachi: We have to inform you that the Board of Directors or our Company in their meeting held on January 30, 2012 at 04:30 pm at Karachi, Pakistan, recommended the following:

(i) Cash Dividend                                   Nil

And/ Or

(ii) Bonus Shares                                   Nil

And/ Or

(iii) Right Shares                                  Nil

And/ Or

(iv) Any Other Entitlement/Corporate Action         Nil

And/ Or

(v) Any Other Price-Sensitive Information           Nil

The un-audited financial results of the Company for the First Quarter ended December 31, 2011, are as follows:

 

Dec – 11 Dec – 10
(Rupees in ‘000)
Sales – net 803,376
Cost of Sales (858,957) (181,407)
——- ——-
Gross (Loss) (55,631) (181,407)
Administrative and General Expenses (11,392) (9,285)
Distribution and Selling Costs (23,815) (157)
Other Operating Income 770
——- ——-
(Loss) from Operations (90,068) (190,849)
Finance Cost (18,868) (236)
——- ——-
(Loss) before Income Tax (108,936) (191,085)
Taxation 47,426 27,406
——- ——-
Loss for the period (after Income Tax) (61,510) (163,679)
——- ——-
Loss per Share – Basic (1.68) (4.48)

 

For more information, contact:
Haroon Iqbal
Director
Dewan Sugar Mills Limited
Finance and Trade Centre (FTC),
7th Floor, Block- A,
Shahrah-e-Faisal, Karachi- Pakistan.
UAN: (92-21) 111-364-111
Fax: (92-21) 5630860
Web: www.dewangroup.com.pk

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