February 23, 2017 11:45 AM ET

Food Products

Company Overview of Habib Sugar Mills Limited

Company Overview

Habib Sugar Mills Limited manufactures and markets refined sugar, molasses, ethanol, and liquidified carbon dioxide in Pakistan. It is also involved in the provision of bulk storage facilities for various products, such as molasses, ethanol, and edible oils; manufacture and marketing of household textile products, including terry towels and bath robes; and trading of commodities comprising sugar and molasses. The company was founded in 1962 and is headquartered in Karachi, Pakistan.

Imperial Court

3rd Floor

Dr. Ziauddin Ahmed Road

Karachi,  75530

Pakistan

Founded in 1962

577 Employees

Phone:

92 21 3568 0036

Fax:

92 21 3568 4086

Key Executives for Habib Sugar Mills Limited

Habib Sugar Mills Limited does not have any Key Executives recorded.

Habib Sugar Mills Limited Key Developments

Habib Sugar Mills Limited Appoints Rassual Hasan as Chief Executive

Habib Sugar Mills Limited announced that at its board meeting held on January 30, 2017, the board approved the appointment of Mr. Rassual Hasan as Chief Executive of the company for the period of three years commencing from January 30, 2017.

Habib Sugar Mills Limited Appoints Asghar D. Habib as Chairman

Habib Sugar Mills Limited announced that the Board of Directors in their meeting held on January 30. 2017 has appointed Mr. Asghar D. Habib as Chairman of the Board of Directors of the company for a period of three years commencing from January 30, 2017.

Habib Sugar Mills Limited Reports Unaudited Earnings Results for the First Quarter Ended December 31, 2016

Habib Sugar Mills Limited reported unaudited earnings results for the first quarter ended December 31, 2016. For the quarter, the company reported net sales and services of PKR 811,726,000 compared to PKR 988,890,000 a year ago. Operating profit was PKR 23,427,000 compared to PKR 127,264,000 a year ago. Profit before taxation was PKR 62,162,000 compared to PKR 124,684,000 a year ago. Profit after taxation was PKR 50,662,000 or PKR 0.34 per basic and diluted share compared to PKR 97,684,000 or PKR 0.65 basic and diluted earnings per share a year ago.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
December 27, 2016
Uni-Food Industries Limited
 

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