Mirpurkhas Sugar Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on December 12, 2019.

The agenda of the meeting was discussion of Unconsolidated and consolidated profit and loss account for year ended September 30, 2019 which portrayed a profit of Rs. 307,188 and Rs. 301,802 with earnings per share 25.04 and 24.60 basic and diluted respectively.

Further, 10% payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from January 15, 2020 to January 21, 2020 (both days inclusive).

The announcement is available at:

https://dps.psx.com.pk/download/document/140381.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