Karachi, Habib Sugar Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on January 30, 2018.
The agenda of the meeting was discussion of Unconsolidated and consolidated profit and loss account for quarter ended December 31, 2017 which portrayed a loss of Rs. 74,904 and Rs. 76.026 with loss per share 0.50 and 0.51 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.