Financial results of Al-Noor Sugar Mills Limited for Year ended December 31, 2020.

Karachi: Al-Noor Sugar Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on January 26, 2021.

The agenda of the meeting was discussion of profit and loss account for year ended December 31, 2020 which portrayed a profit of Rs. 78,924 with earnings per share 3.85 basic and diluted respectively.

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

Al-Noor Sugar Mills Limited was incorporated in Pakistan on August 08, 1969 as a public limited company under the Companies Act, 1913 now referred to as the Companies Ordinance, 1984. The principal activity of the company is manufacturing sugar, medium density fiber board and power generation. The registered office of the company is located in Karachi. The stocks of the company are quoted on the Karachi and Lahore Stock...