THE PREMIER SUGAR MILLS & DISTILLERY COMPANY LIMITED
Corporate Briefing Session 2023
Presenters: Mr. Rizwan Ullah Khan, CFO
Mr. Asad Ali, Manager F&A
TABLE OF CONTENTS
Introduction (Group & Company)
Five Years Performance (Financial & Operational)
Financial Results (2023 vs 2022)
Current Status (Operational & Financial Performance) Three Months ended Dec 2023
5. Future Outlook
INTRODUCTION
(GROUP AND COMPANY)
INTRODUCTION OF THE GROUP
The sponsors of the Premier Group of Companies ("The Group") have been in commerce and industry since 1950 (experience of 70+ years).
The Group is involved in the production of white crystalline Sugar, Ethanol, high grade polypropylene products, Grain Storage Facilities, Flour, Housing Project, bulk chemical management at Karachi terminal and interests in real-estate.
The Group is also promoting agriculture sector in the field of variety sugar cane cultivation.
Major Group companies include:
Premier Sugar Mills & Distillery Company Limited (listed company)
Chashma Sugar Mills Limited (listed company)
Ultimate Whole Foods (Pvt.) Limited
Whole Foods (Pvt.) Limited
Syntron Limited
Syntronics Limited
Azlak Enterprises (Private) Limited
THE PREMIER SUGAR MILLS & DISTILLERY COMPANY LIMITED
Incorporation:
Incorporated on July 24, 1944
Principal Business:
Manufacturing and sale of sugar and spirit
Symbol:
PMRS
Capital:
Authorized Capital - 5,750,000 Shares of Rs. 10 each;
Issued, Subscribed and Paid up - 3,750,000 Shares of Rs. 10 each
THE PREMIER SUGAR MILLS & DISTILLERY COMPANY LIMITED
The Frontier Sugar Mills and Distillery Limited - Subsidiary Company
Production units:
The Company has one Sugar Production Unit and one Distillery unit.
Sugar Unit is situated at Nowsehra Road, Mardan, KPK
Distillery Unit is situated at Ramak, D.I.Khan, KPK
FIVE YEARS PERFORMANCE
(FINANCIAL & OPERATIONAL)
Sales
(Rupees in Thousand)
3,500,000 3,045,962
3,000,000
2,500,000
938,404
1,072,460
1,262,508
2,000,000
548,875
1,500,000
679,216
1,000,000
500,000
-
2023
2022
2021
Gross Profit/(Loss)
(Rupees in Thousand)
400,000
357,866
300,000
140,736
200,000
100,000
-
2023
2022
2021
2020
2019
2018
(100,000)
(19,945)
(3,759)
(67,364)
(200,000)
(300,000)
(212,976)
2020 2019 2018
Net Profit/(Loss)
(Rupees in Thousand)
100,000
72,984
50,000
184
-
2023
2022
2021
2020
2019
2018
(50,000)
(100,000)
(48,749)
(98,412)
(150,000)
(200,000)
(195,735)
(250,000)
(202,250)
3,500
3,000
2,500
2,000
1,500
1,000
500
-
2500
2000
1500
1000
500
0
Total Assets
(Rupees in Million)
3,250
2,626
1,976
2,030
2,190
1,924
2023
2022
2021
2020
2019
2018
Shareholder's Equity
(Rupees in Million)
2040
1,324
1,017
1,121
993
993
2023
2022
2021
2020
2019
2018
Attention: This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
Original Link
Original Document
Permalink
Disclaimer
Premier Sugar Mills and Distillery Company Ltd. published this content on
06 March 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
06 March 2024 10:06:09 UTC.
The Premier Sugar Mills & Distillery Company Limited is a Pakistan-based company, which is principally engaged in manufacture and sale of white sugar and spirit. The Company operates through two segments: Sugar, and Distillery. Its products include Sugar, Ethanol, Molasses, and Bagasse. The Company's subsidiaries include Chashma Sugar Mills Ltd. (CSML)., Whole Foods (Pvt.) Ltd. (WFPL), Ultimate Whole Foods (Pvt.) Ltd. (UWFL), and The Frontier Sugar Mills and Distillery Ltd. (FSM). CSML is principally engaged in manufacturing, production, processing, compounding, preparation and sale of sugar, other allied compound, intermediates, and allied products. WFPL is to set-up, manage, supervise, and control the storage facilities for agricultural produce. UWFL is to set-up mills for milling wheat, gram, other grains and other allied products and by-products from flours. The Company's mills are located at Mardan (Khyber Pakhtunkhwa).