Transmission of Quarterly Report for the Period Ended December 31, 2022 of Haseeb Waqas Sugar Mills Limited

Business & Finance

Karachi, Haseeb Waqas Sugar Mills Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended December 31, 2022 have been transmitted through PUCARS and is also available on Company’s website.

The Haseeb Waqas Group of Companies was established in late 1992. The group has industrial presence in the country and in the development of the sugar industry. It is also associated with the production of heavy engineering, distilleries, chemical manufacturing, commodity trading, and farming. The principal activity of the Company is manufacture and sale of refined sugar and its by-products.

The Total numbers of shares are 32,400,000. The Earnings per share is (11.18) in 2020 which was (10.40) in 2019. The Company had a loss of Rs. 362,123,000 in 2020 which was 336,997,000 in 2019.