Karachi, Premier Sugar Mills and Distillery Company Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Islamabad on January 29, 2018.
The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2017 which portrayed a loss of Rs. 120,457 with loss per share 32.12 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Furthermore, the share transfer books of the company will remain closed from January 29, 2018 to January 31, 2018 (both days inclusive).
Premier Sugar Mills and Distillery Company Limited is a company incorporated in Pakistan on July 24, 1944 as a Public Company. The company is principally engaged in manufacture and sale of white sugar and spirit. The shares of the company are quoted on Karachi and Islamabad Stock Exchanges of Pakistan.
The company’s mills and registered office are located at Mardan (Khyber Pakhtunkhwa) whereas the Head Office is situated at Islamabad
The symbol “PMRS” is being used by the stock exchanges for the shares of Premier Sugar Mills and Distillery Company Limited.