Karachi, Tandlianwala Sugar Mills Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on January 30, 2023 at Lahore. The agenda of the meeting shall be consideration of quarterly accounts for the period ended December 31, 2022.
Further, the closed period of the company shall be from January 20, 2023 to January 30, 2023 (both days inclusive).
“The Company was incorporated in Pakistan on November 01, 1988 as a public limited company. The principal activity of the Company is production and sale of white crystalline sugar and ethanol.
TSML produces sugar, ethanol and carbon dioxide and produced its first refined sugar in 1992 and have expanded frequently since then. The Sugar operation of the company is began with their mill at Kanjwani, in Punjab’s Faisalabad District. TSML is also Pakistan’s ethanol producer, manufacturing both ENA and REN grades.
The total numbers of shares are 117,706,300. The Earnings per share is (2.39) in 2020 which was 12.30 in 2019. The Profit after Taxation is (281,725,000) which were 1,448,317,000 in 2019.”