Financial results of Husein Sugar Mills Limited for year ended September 30, 2015

Karachi, Husein Sugar Mills Limited informed Karachi Stock Exchange about the recommendations made by the board of directors in the meeting held on December 29, 2015.

The agenda of the meeting was discussion of profit and loss account for the year ended September 30, 2015 which portrayed a loss of Rs. 418,341,521 and loss per share 24.61 basic and diluted.

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

The annual general meeting of the company is scheduled will be held on January 28, 2016 at the registered office of the company in Lahore.

Further, the share transfer books of the company will remain closed from January 22 to January 28, 2016 both days inclusive.

Husein Sugar Mills Limited is a public limited company incorporated in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. The Company is principally engaged in the business of production and sale of sugar and by products. The shares of the company are quoted on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is situated at Lahore.

The symbol “HUSS” is being used by the stock exchange for the shares of Husein Sugar Mills Limited.