Financial results of Ansari Sugar Mills Limited for Quarter ended March31, 2018 | Pakistan Company News

Financial results of Ansari Sugar Mills Limited for Quarter ended March31, 2018

Karachi, Ansari Sugar Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Hyderabad on April10, 2018.

The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2018 which portrayed a profit of Rs. 104,296,153 with earnings per share 4.27 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 April 25, 2018 to May 02, 2018 (both days inclusive).

Ansari Sugar Mills Limited is a company incorporated in Pakistan on July 9, 1989 as a public limited company. The principal activity of the company is manufacture and sale of white sugar. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Karachi and its factory outlet is located District Hyderabad and District Badin.

The overall crushing capacity of the company is 8000 Metric Tons per day. The products of the company are White Refined Sugar and Molasses.

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