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.