Board of directors meeting of Dewan Sugar Mills Limited

Karachi, Dewan Sugar Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on May 30, 2022 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended March 31, 2022.

Further, the company has declared the closed period from May 23, 2022 to May 30, 2022.

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.