Financial results of Habib Sugar Mills Limited for period ended September 30, 2015

Karachi, Habib Sugar Mills Limited informed Karachi Stock Exchange about recommendations made by the board of directors in the meeting held on December 30, 2015.

The agenda of the meeting was discussion of audited profit and loss accounts for year ended September 30, 2015 which portrayed a profit of Rs. 815,230 and earnings per share 5.43 basic and diluted.

Further, Rs. 2.50 per share i.e. 50% payment of cash dividend, nil payment of bonus shares and right shares was agreed.

The 54thannual general meeting of the company is scheduled to be held on January 27, 2016.

Further, the share transfer books of the company will remain closed from January 18 to January 27, 2016 both days inclusive.