Material Information of Sui Southern Gas Company

Karachi, Sui Southern Gas Company informed Pakistan Stock Exchange that the company operates in a Regulated Regime under the OGRA Ordinance, 2002 which require the Company to finalize its FS based on the Determination of Final Revenue Requirements (FRR) by OGRA. Consequently, the Financial Statement of for the year ended 2O2O-21 are not yet finalized.

“Sui Southern Gas Company Limited’s main activity is transmission and distribution of natural gas in Sindh and Baluchistan. The Company is also engaged in certain activities related to the gas business including the manufacturing and sale of gas meters and construction contracts for laying of pipelines.

The total number of shares are 880,916,400. The Earnings per share is (20.88) in 2019 which was (16.86) in 2018. The Company had a loss of Rs. 18,394,768,000 in 2019 which was 14,848,208,000 in 2018.”