Transmission of Quarterly Report for the Period Ended December 31, 2021 of Baba Farid Sugar Mills Limited

Karachi, Baba Farid Sugar Mills Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended December 31, 2021 have been transmitted through PUCARS and is also available on Company’s website.

Baba Farid Sugar Mills Limited is incorporated in Pakistan on 1978, as a Public Limited Company. The Company is engaged in the manufacturing and sales of sugar including its by-products that are Molasses and V-filter cake.

The shares of the Company are quoted on Pakistan Stock Exchange Limited with the symbol “BAFS”.

The number of shares the company has introduced are 9,450,000. The Earnings per shares in 2020 is (30.27) which was (72.24) in 2019. The Company had a loss of Rs. 286,079,000 in 2020 as compared to a loss of Rs. 682,625,000 in 2019.