Category: Company News

Karachi, Pak Agro Packaging Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 04, 2023 at Islamabad to consider the matters other than financial results.

Further, the company has declared the closed period from January 02, 2023 to January 05, 2023.

Pak Agro Packaging Ltd is engaged in manufacturing of agricultural textile products specifically for use by farmers.

Karachi, J. D. W. Sugar Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 05, 2023 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 29, 2022 to January 05, 2023.

The Sugar Division comprises of three sugar mills Units in the districts of Rahim Yar Khan, Punjab and Ghotki, Sindh. With its combined crushing capacity of 44,500 TCD, it is one of the largest group in the sugar sector and contributes approximately 15-17% of country’s sugar production.

The Company has been successful in completing and commissioning its two high-pressure Co-Generation plants at Unit-II (Sadiqabad) and Unit-III (Ghoki). The first 26.6 MW plant at Unit-II achieved commercial operations on 12 June 2014 after clearing all testing, certification and trial run requirements. The second 26.8 MW project at Unit-III achieved commercial operations on 03 October 2014 after similarly completing all pre-commissioning formalities.

JDW is also managing Sugarcane Corporate Farms over the area of 24,000 Acres in the Provinces of Punjab & Sindh. By using knowledge, experience together with modern tools and machinery and distinctive agronomic strategies, JDW has been able to build highly efficient and eco-friendly farms with higher yields. Company’s unique farming techniques have also led to the capacity building of existing farmers thereby resulting in improved and reliable cane supply to JDW.

The symbol “JDWS” is being used by the stock exchange for the shares of J. D. W. Sugar Mills Limited.

Karachi, Tariq Corporation informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company scheduled to be held on December 29, 2022 at Lahore to consider Annual Accounts for the period ended September 30, 2022 is in progress.

Tariq Corporation was incorporated on February 14, 1966 in Karachi and received its Certificate for Commencement of Business on April 16, 1966.. The Company formerly known as Hussein Sugar Mills Limited, is principally engaged in the business of production and sale of sugar and by products.

The plant is located in Jaranwala, approximately 80KM from Lahore. The area has large tracts of land where sugarcane is cultivated and produces approximately 40-45 million mounds of sugarcane a year.

The total numbers of shares are 38,520,000. The Earnings per share is (7.43) in 2020 which was 9.05 in 2019. The Profit after Taxation of the Company is (286,206,000) in 2020 which was 293,543,000 in 2019.

Karachi, Bank of Khyber informed Pakistan Stock Exchange that board of directors meeting of the company scheduled to be held on December 29, 2022 at Peshawar, that the said meeting has been postponed.

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, Haseeb Waqas Sugar Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 05, 2023 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 28, 2022 to January05, 2023.

The Haseeb Waqas Group of Companies was established in late 1992. The group has industrial presence in the country and in the development of the sugar industry. It is also associated with the production of heavy engineering, distilleries, chemical manufacturing, commodity trading, and farming. The principal activity of the Company is manufacture and sale of refined sugar and its by-products.

The Total numbers of shares are 32,400,000. The Earnings per share is (11.18) in 2020 which was (10.40) in 2019. The Company had a loss of Rs. 362,123,000 in 2020 which was 336,997,000 in 2019.