Karachi, Mirpurkhas 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 loss of Rs. 28,544 with loss per share 2.12 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Mirpurkhas Sugar Mills Limited was incorporated in Pakistan on May 27, 1964 as a public limited company and its shares are quoted on Pakistan Stock Exchange Limited. Principal activity of the Company is manufacturing and selling of sugar.
The Company is located approximately 230 km from the port of city of Karachi, in Mirpurkhas. It has a sugar cane crushing capacity of 12,500 tons per day.
The total numbers of shares are 13,495,041. The Earnings per share (8.58) in 2020 which was 25.04 in 2019. The Profit after Taxation is (115,841,000) in 2020 which was 307,188,000 in 2019.