Month: January 2022

Karachi, Fauji Fertilizer Company Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Rawalpindi on January 31, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2021 which portrayed a profit of Rs. 35,693,495 with earnings per share 28.06 basic and diluted respectively.

Further, 46.50% payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from March 19, 2022 to March 25, 2022 (both days inclusive).

Fauji Fertilizer Company Limited was incorporated as a Public Limited Company. The principal activity of the Company is manufacturing, purchasing and marketing of fertilizers and chemicals, including investment in other fertilizer, chemical, cement, energy generation, food processing and banking operations.

The Company is listed on Pakistan Stock Exchange and the shares of the company are 1,272,238,147. The Earnings per shares of the company is 16.36 in 2020 which was 13.45 in 2019. Their Profit after Taxation is 20,819,459,000 in 2020 which was 17,110,490,000 in 2019.

Karachi, Synthetic Products Enterprises Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on January 28, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2021 which portrayed a loss of Rs. 98,400,934 with earnings per share 0.49 basic and diluted respectively.

Further, 5% payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from February 11, 2022 to February 15, 2022 (both days inclusive).

Synthetic Products Enterprises Limited (SPEL) is a part of SPEL Group which provides one stop shopping to customers for plastic products.

With its three plants, one in Kotlakhpat two in Pandoki, Lahore, it is organized in the product lines of Molds and Dies Manufacturing, Automotive Parts, Food Packaging, Plastic Crates and Off Road Vehicle Parts.

SPEL now has a portfolio of varied products with a large client base. Supplies are made to assemblers and manufacturers of cars, tractors, motor cycles, electronic equipment, road construction equipment etc. We also provide Plastic Packaging for Food, Hair Care, Skin Care and Pharmaceutical products.

The symbol “SPEL” is being used by the stock exchange for the shares of Synthetic Products Enterprises Limited.

Karachi, Al-Abbas Sugar Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on January 28, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2021 which portrayed a profit of Rs. 232,120 with earnings per share 13.37 basic and diluted respectively.

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

Al-Abbas Sugar Mills Limited was incorporated in May 1991 and was listed in on April 1992 at the Karachi Stock Exchange Limited.

The company has two major units located at Mirwah Gorchani and Dhabeji Thatta. The unit is located at Mirwah Gorchani with installed sugarcane crushing capacity of 8,500 Tons per day and processing capacity of molasses into quality industrial alcohol of 170,000 liters per day. The other unit is located at Dhabeji Thatta and has capacity to manufacture 27,220 M.T of different alloys per annum. The tank terminal unit of the Company is located at Kemari Karachi with storage capacity of 34,900 M.T of liquids.

AL-Abbas Sugar Mills was started the sugar production in 1994 industrial alcohol in 2000, alloys in 2005 and power generation in 2010. Also major chunk of our alcohol production is being exported to Europe, Japan, UAE, Saudi Arabia and Philippine.

As part of Company strategic planning, the Company acquired Al-Abbas Industries Limited in 2007. At that time Al-Abbas Industries Limited have one of the country’s biggest medium density fibre board plant, manufacturing facilities to produce various types of alloys product to meet the whole country demand, and 15 MW captive power plant. Subsequently, the Al-Abbas Industries Limited merged into the Al-Abbas Sugar Mills Limited.

The total number of shares company has issued are 17,362,300, where earning Per Shares (EPS) was 71.67 in 2020 and in 2019 it was 64.05 per share. The Profit After Tax has increased up to 1,244,347,000 in 2020 which was 1,111,978,000 in 2019.

Karachi, International Steels Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on January 31, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2021 which portrayed a profit of Rs. 1,556,044 with earnings per share 3.58 basic and diluted respectively.

Further, 20% payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from February 15, 2022 to February 17, 2022 (both days inclusive).

International Steels Limited was set up in 2007 as a public limited company. It is a subsidiary of International Industries Limited. The Company manufactures cold rolled, galvanized and color coated steel coils and sheets.

ISL’s manufacturing facilities are located on 32 acres in the port city of Karachi, where the company produces Cold Rolled Steel, Galvanized Steel and Color Coated Steel for numerous industrial and commercial applications. The company has a strong nationwide supplier network that is served through regional offices in Lahore, Islamabad and Multan. ISL exports its products to more than 20 countries worldwide. The company has a production capacity of over 1,000,000 Metric Tons.

The Company has quoted its shares that are 435,000,000. The Earnings per shares of the Company is 1.14 in 2020 which was 6.12 in 2019. Their Profit after Taxation is 494,851,000 in 2020 which was 2,664,373,000 in 2019.

Karachi, Imperial Sugar Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on January 29, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2021 which portrayed a profit of Rs. 28,238 with earnings per share 0.29 basic and diluted respectively.

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

Imperial Limited is a public limited company, incorporated on May 9th, 2007 to undertake Sugar and Allied businesses. The company acquired two Sugar plants and one Ethyl Alcohol (Ethanol) Distillery in the year 2007. After completion of these acquisitions and approval of the SECP and KSE, the Company was listed on Karachi Stock Exchange on August 13th, 2008.

The total numbers of shares are 99,020,000. The Earnings per share is 1.56 in 2019. Which was (6.31) in 2018. The Profit after Taxation is 154,893,000 in 2019 which was (624,609,000) in 2018.

Karachi, Dewan Sugar Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on January 28, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2021 which portrayed a loss of Rs. 274,395 with earnings per share 3.01 basic and diluted respectively.

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

Dewan Sugar Mills Limited (the Company) was incorporated in Pakistan, as a public Limited company on June 27, 1982. The Principal activity of the Company is production and sale of white crystalline refined sugar, processing and trading of by-products, and other related activities and allied products. The Company also have the delivery and Packaging options that are Bulk Vessel, ISO Tank and FCLs. The production of the company is recorded as 125,000 litres per day and 33,000 metric ton annually.

The total number of shares of the company are 91,511,992. The Company’s Earnings per shares is (9.69) in 2020 which was (5.98) in 2019. The Company had a loss of 886,326,000 in 2020 which was 546,914,000 in 2019.

Karachi, Baluchistan Wheels Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on January 31, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2021 which portrayed a profit of Rs. 72,617 with earnings per share 5.45 basic and diluted respectively.

Further, 17.5% payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from February 08, 2022 to February 10, 2022 (both days inclusive).

Baluchistan Wheels Limited was incorporated in Pakistan on 16 June 1980 for the manufacturing of steel wheels for automobiles with technical collaboration of GKN Sankey Limited UK. The Company is engaged principally engaged in the manufacturing and marketing of automotive wheel rims for trucks, buses, tractors, cars and mini commercial vehicles.

The registered office of the company is located in Karachi. The factory of the company is located in Baluchistan. The stocks of the company are quoted on the Pakistan Stock Exchange, and symbol “BWHL” is being used by the stock exchange for the shares of the Company.

The total shares Company has introduced are 13,334,250. The Earnings per shares is 1.42 in 2020 which was 5.36 in 2019. The Profit after Taxation is 18,920,000 in 2020 which was 71,512,000 in 2019.

Karachi, Ferozsons Laboratories Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held on January 31, 2022.

The agenda of the meeting was discussion of unconsolidated and consolidated profit and loss account for quarter ended December 31, 2021 which portrayed a profit of Rs. 186,219,059 and 322,056,942 with earnings per share 5.14 and 8.09 basic and diluted respectively.

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

Ferozsons Laboratories Limited was incorporated as a private limited company on 28 January 1954 and was subsequently converted into a public limited company. The Company is primarily engaged in the imports, manufacture and sale of pharmaceuticals products and medical devices.

The total numbers of shares are 36,224,209. The Earnings per share is 20.02 in 2021 which was 10.92 in 2020. The Profit after Taxation is 725,235,000 in 2021 which was 395,655,000 in 2020.

Karachi, Haseeb Waqas Sugar Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on January 29, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2021 which portrayed a loss of Rs. 76,112,815 with loss per share 2.32 basic and diluted respectively.

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

The Haseeb Waqas Group of Companies was established in late 1992. The group has industrial presence in the country and in the development of the sugar industry. It is also associated with the production of heavy engineering, distilleries, chemical manufacturing, commodity trading, and farming. The principal activity of the Company is manufacture and sale of refined sugar and its by-products.

The Total numbers of shares are 32,400,000. The Earnings per share is (11.18) in 2020 which was (10.40) in 2019. The Company had a loss of Rs. 362,123,000 in 2020 which was 336,997,000 in 2019.

Karachi, Exide Pakistan Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on January 29, 2022.

The agenda of the meeting was discussion of unconsolidated and consolidated profit and loss account for quarter ended December 31, 2021 which portrayed a profit of Rs. 1,921 and 1,910 with earnings per share 0.25 and 0.25 basic and diluted respectively.

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

EXIDE Pakistan Limited, was incorporated in 1953 as a private limited company in association with Chloride Group Private Limited Company of United Kingdom. Chloride had its associates in 35 countries of the world and was supported by chloride Technical.

Exide Pakistan Limited is engaged in the manufacturing and sale of batteries, chemicals and acid and also supply solar energy solutions. The principal activities of the Company is to manufacture and sale of automotive batteries, batteries, chemicals and acid and also supply solar energy solutions and industrial cells. The Company is listed on Pakistan Stock Exchange, and the symbol “EXIDE” is being used for the shares of the Company.

The shares of the Company are 7,768,618. The Earnings per shares of the Company is (71.94) in 2020 which was (64.94) in 2019. The Company had a loss of 558,852,000 in 2020 which was 504,511,000 in 2019.