Karachi, Khairpur Sugar Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on July 28, 2022.
The agenda of the meeting was discussion of profit and loss account for quarter ended June 30, 2022 which portrayed a profit of Rs. 23,844 with earnings per share 1.49 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Khairpur Sugar Mills Limited was incorporated in Pakistan on August 23, 1989 as a public limited company. The Company is principally engaged in the manufacture and sale of sugar and by products.
The total numbers of shares are 16,017,500. The Earnings per share is (2.12) in 2020 which was (4.00) in 2019. The Company had a loss of Rs. 33,972,000 in 2020 which was 64,003,000 in 2019.