Shakarganj : Transmission of Quarterly Report for the Period Ended 31 December 2022

CONTENTS

Vision, Mission & Core Values	2
Company Information	3
Shareholders' Information	4
Company Profile and Group Structure	5
Directors' Report	8
Unconsolidated Condensed Interim Statement of Financial Position	11
Unconsolidated Condensed Interim Statement of Profit or Loss	13
Unconsolidated Condensed Interim Statement of Comprehensive Income	14
Unconsolidated Condensed Interim Statement of Changes in Equity	15
Unconsolidated Condensed Interim Statement of Cash Flows	16
Selected Notes to the Unconsolidated Condensed Interim Financial Statements	17
Consolidated Condensed Interim Financial Statements	28

Condensed Interim Report 2023 | 1

VISION MISSION & CORE VALUES

To gain and maintain leadership in our relevant sectors by producing

the best quality products at the lowest possible cost

To give the best returns to our shareholders by optimal allocation of

resources to the products and markets we compete in

To provide the best value products and services to our customers through investment in technology, human resources, operational systems, and processes

To provide the best working environment to our employees and

provide them opportunities to enhance their skills

To work with our farmers, suppliers, and distributors as partners in

developing their expertise and profitability

To pursue environment friendly policies, and effectively and efficiently use all energy resources aiming for zero waste and a clean healthy environment

To be a socially responsible corporate citizen supporting education,

health, environment, and socio economic development of its

community

2 | SHAKARGANJ LIMITED

COMPANY INFORMATION

Board of Directors

1.	Chairman (Non-Executive)	Mian Muhammad Anwar
2.	Chief Executive Officer	Anjum Muhammad Saleem
	In alphabetic order:
3.	Executive Director	Ali Altaf Saleem
4.	Non-Executive Director	Javed Anjum
5.	Non-Executive Director	Khalid Bashir
6.	Executive Director	Muhammad Pervez Akhtar
7.	Non-Executive Director (Independent)	Sheikh Asim Rafiq
8.	Non-Executive Director (Independent)	Zahra Ahsan Saleem

Audit Committee

Chairman	Sheikh Asim Rafiq (Independent)
Member	Javed Anjum
Member	Khalid Bashir
Member	Zahra Ahsan Saleem (Independent)

Human Resource & Remuneration Committee

Chairperson	Zahra Ahsan Saleem (Independent)
Member	Anjum Muhammad Saleem
Member	Khalid Bashir
Member	Mian Muhammad Anwar
Chief Financial Officer	Muhammad Asif
Company Secretary	Asif Ali
Management Committees
Executive Committee
Chairman	Anjum Muhammad Saleem
	Ali Altaf Saleem
	Muhammad Pervez Akhtar
Business Strategy Committee
Chairman	Anjum Muhammad Saleem
	Ali Altaf Saleem
	Muhammad Pervez Akhtar
	Muhammad Asif
	Manzoor Hussain Malik
System & Technology Committee
Chairman	Muhammad Pervez Akhtar
	Muhammad Asif
	Ibrahim Ahmad Cheema

Condensed Interim Report 2023 | 3

SHAREHOLDERS' INFORMATION

Stock Exchange Listing

Shakarganj Limited is a listed company and its shares are traded on the Pakistan Stock Exchange. Daily quotes on the Company's stock can be obtained from leading newspapers. Shakarganj is listed under 'Sugar & Allied Industries'

Public Information

Financial analysts, Stock brokers, interested investors and financial media desiring information about "Shakarganj" should contact Mr. Asif Ali

at the Company's Office, Jhang. Tel: [phone] - 05

Fax: [phone]

E-mail:[e-mail]

Shareholders' Information

Inquiries concerning lost stock certificates, dividend payment, change of address, verification of transfer deeds and share transfers should be directed to CorpTec Associates (Pvt) Limited,

Share Registrar of the Company at Lahore. Tel: [phone] - 7

Fax: [phone]

E-mail:[e-mail]

Works

Principal Facility

Management House

Toba Road, Jhang, Pakistan

Tel: [phone] - 05

Fax: [phone]

E-mail:[e-mail]

Satellite Facility

Management House

63 km, Jhang Sargodha Road Bhone, Pakistan

Tel: [phone] - 13

Fax: [phone]

Website

www.shakarganj.pk

Note: This Report is available on Shakarganj website.

Registered and Principal Office

Executive Floor, IT Tower, 73 E 1

Hali Road, Gulberg III, Lahore, Pakistan UAN: [phone] 765

Tel: [phone]

Fax: [phone]

Products	Faisalabad Office
∙	Sugar	Nishatabad, New Lahore Road,
∙	Biofuel	Faisalabad, Pakistan
∙	Yarn	Tel: [phone]
∙	Tiger Compost	Fax: [phone]

Legal Advisor	Share Registrar
Saad Rasool Law Associates	CorpTec Associates (Pvt) Limited
Hassan & Hassan Advocates	503-E, Johar Town, Lahore
Auditors	Tel: [phone] - 7
Fax: [phone]
HLB Ijaz Tabussum & Co.	E-mail: [e-mail]
Chartered Accountants
Bankers
MCB Bank Limited
National Bank of Pakistan
Bank Islami Pakistan Limited

4 | SHAKARGANJ LIMITED