Several Sugar mills report positive financial results for 1QFY19

News Image

MG News | January 28, 2019 at 05:32 PM GMT+05:00

0:00

January 28, 2019 (MLN): Several sugar mills have issued their financial earnings report for the three months ended December 31, 2018. While most of the companies reported profits for the 1QFY19, others landed in losses on account of companies’ inability to control both core and non-core expenses.  

Shahmurad Sugar Mills Limited reported the highest figure for profits at Rs. 391 million for the quarter ended December 31, 2018, and stated its Earning per share at Rs. 18.54 for the said period.

On the contrary, Sanghar Sugar Mills Limited suffered the most in terms of earnings as its losses for the said period reached Rs. 109 million for the period under review. The company stated its Loss per share at Rs. 9.2.

Al-Abbas Sugar Mills Limited disclosed bottom-line earnings of Rs. 368 million for the said period, with its Earning per share reported at Rs. 21.24, while Habib Sugar Mills Limited announced profits of Rs. 270 million, and stated its Loss per share at Rs. 1.8 for the said period.

Noon Sugar Mills Limited affirmed profits of Rs. 34 million for the quarter ended December 31, 2018, and stated its Loss per share at Rs. 2.11 for the said period, whereas Shakarganj Limited stated losses of Rs. 68 million for the quarter ended December 31, 2018, and stated its Loss per share at Rs. 0.55 for the said period.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 134,299.77
290.06M
0.39%
517.42
ALLSHR 84,018.16
764.12M
0.48%
402.35
KSE30 40,814.29
132.59M
0.33%
132.52
KMI30 192,589.16
116.24M
0.49%
948.28
KMIALLSHR 56,072.25
387.69M
0.32%
180.74
BKTi 36,971.75
19.46M
-0.05%
-16.94
OGTi 28,240.28
6.19M
0.21%
58.78
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,140.00 119,450.00
115,635.00
4270.00
3.75%
BRENT CRUDE 70.63 70.71
68.55
1.99
2.90%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.10
1.14%
ROTTERDAM COAL MONTHLY 108.75 108.75
108.75
0.40
0.37%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.75 68.77
66.50
2.18
3.27%
SUGAR #11 WORLD 16.56 16.60
16.20
0.30
1.85%

Chart of the Day


Latest News
July 13, 2025 at 10:26 AM GMT+05:00

K-Electric dispels rumours of peak hour changes


July 11, 2025 at 10:56 PM GMT+05:00

Gold price in Pakistan rises Rs2,300 per tola


July 11, 2025 at 05:49 PM GMT+05:00

PKR gains 10 paisa per USD


July 11, 2025 at 05:41 PM GMT+05:00

PSX Closing Bell: Bulls Serenade The Bourse


July 11, 2025 at 05:06 PM GMT+05:00

UBL doubles profit to Rs65bn in 1HCY25



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg