Financial results of Faran Sugar Mills Limited for Year ended September 30, 2019.

Karachi: Faran Sugar Mills Limited informed Pakistan Stock Exchange about the recommendations made by the Board of Directors in the meeting held at Karachi on January 01, 2020.

The agenda of the meeting was discussion of profit and loss account for year ended September 30, 2019 which portrayed a profit of Rs. 380,445,109 with earnings per share 15.21 basic and diluted respectively.

Further, 10% payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from January 21, 2020 to January 28, 2020 (both days inclusive).

"Faran Sugar Mills Limited is a company incorporated in Pakistan on November 03, 1981 as a Public Limited Company. The foundations...