Sanghar Sugar Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on January 25, 2020.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2019 which portrayed a profit of Rs. 18,985 with earnings per share 1.59 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/141850.pdf

Sanghar Sugar Mills Limited is a public limited company, is principally engaged in the manufacture and sale of sugar.

Initially Mills having a capacity of 2,000 T.C.D. was installed. Subsequently the capacity has been increased which currently stands at 6,000 T.C.D.

The symbol "SANSM" is being used by the stock exchanges for the shares Sanghar Sugar Mills Limited.

© Pakistan Press International, source Asianet-Pakistan