Mirpurkhas Sugar Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on May 13, 2020.

The agenda of the meeting was discussion of consolidated and unconsolidated profit and loss account for quarter ended March 31, 2020 which portrayed a loss of Rs. 214,389 and Rs. 214,389 with loss per share 15.89 and 15.89 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

The announcement is available at:

https://dps.psx.com.pk/download/document/147783.pdf

Mirpurkhas Sugar Mills Limited is a Public Limited Company, was established in 1964, its principal activity is manufacturing and selling of sugar. It is located about 300 km from the port city of Karachi, in Mirpurkhas and is listed on the Pakistan Stock Exchange Limited. The Company has a crushing capacity of 7,500 tons per day and is one of the most efficient sugar mills in Pakistan. Moreover, it is involved in development of higher yield sugarcane varieties on its 1,300 acre experimental farms.

The symbol "MIRKS" is being used by the stock exchanges for the shares of Mirpurkhas Sugar Mills Limited.

© Pakistan Press International, source Asianet-Pakistan