Category: Company News

Karachi, Unilever Pakistan Foods Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on February 24, 2023 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended December 31, 2022.

Further, the company has declared the closed period from December 27, 2022 to February 27, 2023.

The Company is a limited liability company incorporated in Pakistan and is listed on the Pakistan Stock Exchange. It manufactures and sells consumer and commercial food products under brand names of Rafhan, Knorr, Energile, Glaxose-D and Food Solutions. The Company is a subsidiary of Conopco Inc. USA, whereas its ultimate parent Company is Unilever PLC United Kingdom.

The total number of shares are 6,369,932. The Earning per share is 602.42 in 2020 which was 385.08 in 2019. The Profit after Tax is 3,837,412,000 in 2020 which was 2,452,938,000 in 2019.

Karachi, Premier Sugar Mills and Distillery Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 03, 2023 at Islamabad. The agenda of the meeting will to consider the Annual Accounts for the period ended December 31, 2022.

Further, the company has declared the closed period from December 27, 2022 to January 03, 2023.

The Premier Sugar Mills & Distillery Company Limited was incorporated on July 24, 1944 as a Public Company. The Company is principally engaged in manufacture and sale of white sugar and spirit. The Group is involved in the production of white crystalline sugar from sugarcane crushing and beet slicing, ethanol from distilleries, high grade polypropylene products with worldwide exports, the handling of bulk liquid products at Karachi terminal, distribution of consumer products, information technology company, interests in real-estate and multinational companies representation.

The total number of shares are 3,750,000. The Earnings per share is (13.00) in 2020 which was 0.05 in 2019. The Profit After Taxation in 2020 is (48,749,000) which was 184,000 in 2019.

Karachi, Noon Sugar Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on December 30, 2022 at Lahore. The agenda of the meeting will to consider the Annual Accounts for the period ended September 30, 2022.

Further, the company has declared the closed period from December 24, 2022 to December 30, 2022.

Noon Sugar Mills Limited was incorporated in the Year 1964 as a Public Company. It is principally engaged in production and sale of white sugar and spirit. The plant for manufacture of white sugar is in the province of Punjab. The plant went into production in 1966 with a daily crushing capacity of 1,500 MT of sugar cane, which has since been raised to 4,000 MT per day in 2002. Further extension to 9,000 TCD has become operative in 2006-2007 crushing season.

An Alcohol Distillery Division of French origin was added during 1986 with a production capacity of 50,000 litres/day in 2002. Another facility with an option to provide either 30,000 LPD Industrial of fuel Grade Ethanol technology has been added in 2005.

The total number of shares are 16,517,456. The Earnings per shares is 15.50 in 2020 which was 13.64 in 2019. The Profit after Taxation is 256,060,000 in 2020 which was 225,317,000 in 2019.

Karachi, Service Industries Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on December 30, 2022 at Lahore to consider the agenda other than financial results.

Further, the company has declared the closed period from December 23, 2022 to December 30, 2022.

Service Industries Limited was incorporated on 20 March 1957 in Pakistan. The principal activities of the Company are purchase, manufacture and sale of footwear, tyres and tubes and technical rubber products. The factories are situated in Gujrat and one in Sheikhupura Road, Muridke

The total number of shares the company has introduced so far are 46,987,500. Their Earnings per shares in 2020 is 29.37 which was 37.73 in 2019. The Profit After Taxation in 2020 is 690,024,000 which was 886,364,000 in 2019.

Karachi, Mitchell’s Fruit Farms Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on December 29, 2022 at Lahore. The agenda of the meeting will to consider the Quarterly Accounts for the period ended September 30, 2022.

Further, the company has declared the closed period from December 23, 2022 to December 29, 2022.

Mitchell’s Fruit Farms Limited was incorporated in Pakistan. It is principally engaged in the manufacture and sale of various farm and confectionery products. The Company was incorporated in 1933 and given the name Indian Mildura Fruit Farms Ltd, a small-scale operation for the processing of citrus fruit into concentrated soft drinks (squashes) and preserves.

After independence, in1948, the company’s name was changed from Indian Mildura Fruit Farms to Mitchell’s Fruit Farms Ltd and the brand name “MITCHELL’S” became the exclusive property of the Pakistani company.

The total number of shares of the Company is 22,875,000. The Earnings per shares of the Company is (7.04) in 2020 which was (10.16) in 2019. The Company had a loss of Rs. 55,445,000 in 2020 which was 80,006,000 in 2019.

Karachi, Bank of Khyber informed Pakistan Stock Exchange that board of directors meeting of the company will be held on December 23, 2022 at Peshawar. The agenda of the meeting will to consider the Quarterly Accounts for the period ended June 30, 2022 for declaration of any entitlement has been rescheduled on December 29, 2022.

Further, the company has declared the closed period from December 12, 2022 to December 29, 2022.

The Bank of Khyber was established 1991 through an Act passed by the Provincial Legislative Assembly. The principal business of the Bank is commercial banking and related services. The Bank acquired the status of a scheduled bank in 1994.

The bank has been associated with business and commercial circles and has been engaged in catering to the financial needs of all sectors. They are also involved in extending funded and non-funded facilities to its customers for various business needs. They have 179 branches across the country.

The total shares of the Bank are quoted on Pakistan Stock Exchange i.e: 1,050,389,726. The Earnings per shares in 2020 is 2.15 which was 1.31 in 2019. The Profit after Taxation of the company is 2,151,783,000 in 2020 which was 1,306,039,000 in 2019.

Karachi, Mehran Sugar Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on December 29, 2022 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended September 30, 2022.

Further, the company has declared the closed period from December 22, 2022 to December 29, 2022.

Mehran Sugar Mills Limited was incorporated in Pakistan as a public limited company in December 1965. The Company is principally engaged in the manufacturing and sale of sugar and its by-products.

Mehran Sugar Mills Limited is engaged in manufacturing and marketing of white refined cane sugar and brown sugar while utilizing its by-products such as Molasses and Baggasse to produce ethanol and power respectively.

The total numbers of shares are 48,927,572. The Earnings per share is 1.01 in 2020 which was 8.67 in 2019. The Profit after Taxation is 47,027,000 in 2020 which was 403,834,000 in 2019.

Karachi, Sui Southern Gas Company informed Pakistan Stock Exchange that board of directors meeting of the company will be held on December 24, 2022 at Lahore to consider the agenda other than financial results.

Sui Southern Gas Company Limited’s main activity is transmission and distribution of natural gas in Sindh and Baluchistan. The Company is also engaged in certain activities related to the gas business including the manufacturing and sale of gas meters and construction contracts for laying of pipelines.

The total number of shares are 880,916,400. The Earnings per share is (20.88) in 2019 which was (16.86) in 2018. The Company had a loss of Rs. 18,394,768,000 in 2019 which was 14,848,208,000 in 2018.