Notice of book closure of Habib-ADM Limited

Karachi, Habib-ADM Limited informed Pakistan Stock Exchange that the transfer books of the company will be closed from February 24, 2023 to February 28, 2023 (both days inclusive).

Habib-ADM is a public listed company incorporated in Pakistan on July 10, 1980. The company is engaged in production of rice based Starch sugar and Proteins.

Habib Rice Products Ltd and its subsidiary companies produce and market a wide range of rice based starch sugars, protein concentrates, and derivatives. Popular starch sugars include Clarified Rice Syrups, Brown Rice Syrups, High Fructose Syrup, Rice Syrup Solids, Maltitol Syrup, Sorbitol Syrup, and Maltodextrins – all essential ingredients for the food, confectionery, and pharmaceutical industries.

The total number of shares of the Company are 40,000,000. The Earnings per shares of the Company is 3.08 in 2019 which was 1.72 in 2018. Their Profit after Taxation is 123,249,000 in 2019 which was 68,882,000 in 2018.