Corporate Briefing Session of Premier Sugar Mills and Distillery Company Limited

General

Karachi, Premier Sugar Mills and Distillery Company Limited informed Pakistan Stock Exchange that the corporate briefing session of the company is holding the mandatory corporate briefing session, to brief the shareholders/investors/analysts about the company’s financial performance for the year ended September 30, 2020.

The Premier Sugar Mills & Distillery Company Limited was incorporated on July 24, 1944 as a Public Company. The Company is principally engaged in manufacture and sale of white sugar and spirit. The Group is involved in the production of white crystalline sugar from sugarcane crushing and beet slicing, ethanol from distilleries, high grade polypropylene products with worldwide exports, the handling of bulk liquid products at Karachi terminal, distribution of consumer products, information technology company, interests in real-estate and multinational companies representation.

The total number of shares are 3,750,000. The Earnings per share is (13.00) in 2020 which was 0.05 in 2019. The Profit After Taxation in 2020 is (48,749,000) which was 184,000 in 2019.