Financial results of Sakrand Sugar Mills Limited for Year ended September 30, 2021

Karachi, Sakrand Sugar Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on August 03, 2022.

The agenda of the meeting was discussion of profit and loss account for year ended September 30, 2021 which portrayed a loss of Rs. 359,507 with loss per share 8.06 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 September 07, 2022 to September 14, 2022 (both days inclusive).

Sakrand Sugar Mills Limited is a company incorporated in Pakistan as a Public Limited Company on March 2, 1989. The foundations of the company are laid under the Companies Ordinance, 1984. The principal business activity of the company includes manufacture and sale of sugar. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The mill is located at Deh Tharo Unar, District Shaheed Benazir Abad, and Sindh, Pakistan. The sugar plant has a crushing capacity of 6,500 metric tons of sugarcane per day. The registered office of the company is located in Karachi.

The symbol “SKRS” is being used by the stock exchanges for the shares of Sakrand Sugar Mills Limited.