Karachi, Sanghar Sugar Mills Limitedinformed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on January 27, 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. 149,787 with loss per share 12.54 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Sanghar Sugar Mills Limited is a public limited company, is principally engaged in the manufacture and sale of sugar.
Initially Mills having a capacity of 2,000 T.C.D. was installed. Subsequently the capacity has been increased which currently stands at 6,000 T.C.D.
The symbol “SANSM” is being used by the stock exchanges for the shares Sanghar Sugar Mills Limited.