Financial results of Premier Sugar Mills and Distillery Company Limited for period ended March 31, 2016

Karachi, Premier Sugar Mills and Distillery Company Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Islamabad on May 27, 2016.

The agenda of the meeting was discussion of profit and loss account for six months period and quarter ended March 31, 2016 which portrayed a loss of Rs. 24,091 and Rs. 34,329 with loss per share 6.42 and 9.15 basic and diluted respectively.

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

Premier Sugar Mills and Distillery Company Limited is a company incorporated in Pakistan on July 24, 1944 as a Public Company. The company is principally engaged in manufacture and sale of white sugar and spirit. The shares of the company are quoted on Karachi and Islamabad Stock Exchanges of Pakistan. The company’s mills and registered office are located at Mardan (Khyber Pakhtunkhwa) whereas the Head Office is situated at Islamabad.

The symbol “PMRS” is being used by the stock exchanges for the shares of Premier Sugar Mills and Distillery Company Limited.