Home / Financial Results / Shakarganj Foods Limited’s Shakarganj Foods Limited – financial results for the year ended June

Shakarganj Foods Limited’s Shakarganj Foods Limited – financial results for the year ended June

Karachi: We are pleased to inform you that the Board of Directors of Shakarganj Foods Limited (SKFL) in their meeting held on December 14, 2011 at Lahore have considered and approved the financial results of Shakarganj Foods Limited for the year ended June 30, 2011 and the Board of Directors recommended the following:

(i) Cash Dividend

Nil

(ii) Bonus Shares

Nil

(iii) Right Shares

Nil

(iv) Any Other Entitlement/Corporate Action

Nil

(v) Any Other Price-Sensitive Information

Nil

The financial results of the Company are attached herewith.

The Annual General Meeting of the Company will be held on January 5, 2012 at 12:00 Noon at Sun Fort Hotel, Gulberg-III, Lahore.

The Share Transfer Books of the Company will be closed from December 28, 2011 to January 5, 2012 (both days inclusive) Transfers received at the 7/3-G, Mushtaq Ahmad Gurmani Road, Gulberg-II, Lahore at the close of business on December 27, 2011 will be treated in time for the purpose of above entitlement to the transferees.

Profit and Loss Account for the Year Ended June 30, 2011

 

Note  June 2011  June 2010
Rupees Rupees
Sales and processing income  –  –
Cost of sale and processing  –  –
 ———- ———-
Gross profit   –
Remission of Long Term loans 31,837,770  –
Operating Expenses
Administrative expenses   6  96,400 93,400
 ———-  ———-
Profit before taxation   31,741,370  (93,400)
Taxation  –
 ———- ———-
Profit after taxation 31,741,370 (93,400)
Accumulated loss brought forward (61,790,262)  (61,696,862)
 ———-  ———-
Accumulated loss carried Forward (30,048,892)  (61,790,262)
 ———-  ———-
Profit/ (loss) per share – basic 7 10.58 (0.03)

 

The annexed notes 1 to 11 form an integral part of these financial statements.

For more information, contact:
Shakarganj Foods Limited
10th Floor, 10-B, Block E-II
Gulberg-III, Lahore,
Phone: #042-5783801-2
Fax: # 042-5875916

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