Financial results of Khairpur Sugar Mills Limited for Quarter ended June 30, 2019.

Karachi: Khairpur Sugar Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on July 18, 2019.

The agenda of the meeting was discussion of profit and loss account for quarter ended June 30, 2019 which portrayed a loss of Rs. 64,912 with loss per share 4.06 basic and diluted respectively.

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

Khairpur Sugar Mills Limited was incorporated on August 23, 1989 as a public limited company under Companies Ordinance and the plant is located in Kot Diji area of Khairpur District, Sindh, Pakistan

Khairpur Sugar Mills Limited has been manufactured under licience by Fives Call Babcock (FCB) of France. Trial production began on 17 January, 1994 and...