Karachi, Tandlianwala Sugar Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 06, 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 30, 2022 to January 06, 2023.
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.