Bawany Sugar Mills Ltd. reported earnings results for the third quarter and nine months ended June 30, 2012. For the quarter, the company reported net sales of PKR 335.24 million against PKR 283.12 million a year ago. Operating profit was PKR 9.9 million against PKR 71.89 million a year ago. Loss before taxation was PKR 95.14 million against profit before taxation of PKR 6.79 million a year ago. Loss after taxation was PKR 99.01 million or PKR 11.35 per share against profit after taxation of PKR 3.96 million or PKR 0.45 per share a year ago. For the nine months, the company reported net sales of PKR 828.17 million against PKR 949.18 million a year ago. Operating loss was PKR 106.63 million against operating profit of PKR 102.04 million a year ago. Loss before taxation was PKR 303.84 million against PKR 18.83 million a year ago. Loss after taxation was PKR 303.84 million or PKR 34.83 per share against PKR 28.32 million or PKR 3.25 per share a year ago.

Bawany Sugar Mills Ltd. announced that they will report Q3, 2012 results on Jul 31, 2012

Bawany Sugar Mills Ltd., Board Meeting, Jul 31, 2012., at 12:01 Pakistan Standard Time. Agenda: To approve third quarter accounts for the period ended June 30, 2012.