Pakistan Company News – Financial results of Habib Sugar Mills Limited for Quarter ended March 31, 2018

Financial results of Habib Sugar Mills Limited for Quarter ended March 31, 2018

Karachi, Habib Sugar Mills Limitedinformed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on May30, 2018.

The agenda of the meeting was discussion of Unconsolidated and consolidated profit and loss account for quarter ended March 31, 2018 which portrayed a profit of Rs. 492,856 and Rs. 491,595 with earnings per share 3.29 and 3.28 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Habib Sugar Mills Limited is a public limited Company incorporated in Pakistan, with its shares quoted on the Pakistan Stock Exchange. The Company is engaged in the manufacturing and marketing of refined sugar, molasses, ethanol, liquid carbon dioxide, household textiles and providing bulk storage facilities.

The symbol “HABSM” is being used by the stock exchanges for the shares Habib Sugar Mills Limited.