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Board of directors meeting of Haseeb Waqas Sugar Mills Limited

Karachi, Haseeb Waqas Sugar Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 30, 2023 at Lahore. The agenda of the meeting will to consider the Quarterly Accounts for the period ended December 31, 2022.

Further, the company has declared the closed period from January 23, 2023 to January 30, 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.