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

Karachi, Tandlianwala 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 Company was incorporated in Pakistan on November 01, 1988 as a public limited company. The principal activity of the Company is production and sale of white crystalline sugar and ethanol.

TSML produces sugar, ethanol and carbon dioxide and produced its first refined sugar in 1992 and have expanded frequently since then. The Sugar operation of the company is began with their mill at Kanjwani, in Punjab’s Faisalabad District. TSML is also Pakistan’s ethanol producer, manufacturing both ENA and REN grades.

The total numbers of shares are 117,706,300. The Earnings per share is (2.39) in 2020 which was 12.30 in 2019. The Profit after Taxation is (281,725,000) which were 1,448,317,000 in 2019.