Haseeb Waqas Sugar Mills : Corporate Briefing Session video link
March 22, 2023 at 01:31 am EDT
Share
2. Mrs. Zakia Ilyas (Member)
2. Mrs. Zainab Waqas (Member)
3. Mrs. Yasmin Riaz (Member)
3. Mrs. Zakia Ilyas (Member)
Risk Management Committee
Nomination Committee
1. Mr. Raza Mustafa (Chairman)
1. Mrs. Yasmin Riaz
2.
Mrs. Yasmin Riaz
2. Mrs. Zainab Waqas
Company Secretary
Chief Financial Officer
Mr. Ansar Ahmed, FCA
Syed Mubashar Hussain Bukhari
Tel:
042-35917313
Tel: 042-35917313
Email: cs@hwgc.com.pk
Email: hwgc@hwgc.com.pk
Auditors
Registrar
M/s Qadeer & Company
Hameed Majeed Associates (Pvt.) Limited
Chartered Accountants
H.M. House, 7-Bank Square, Lahore
32-A, Lawrence Road, Lahore
Mills
Registered Office
Mouza Jagmal, Tehsil Jattoi
06-F, Model Town, Lahore
District. Muzaffargarh
Tel: 042-35917321-23
Fax: 042-35917317
Website: www.hwgc.com.pk
Bankers
Legal Advisor
National Bank of Pakistan
Muhammad Ahsan Khan
Sindh Bank Limited
(Advocate)
The Bank of Punjab
Operating profit/(loss)
(30,020)
(171,620)
(180,649
(210,609)
(396,701
(455,762)
Profit/(loss) before tax
(214,710)
(339,340)
(411,016)
(427,307)
(542,426)
(578,351)
Profit/((loss) after tax
(184,955)
(308,817)
(362,123)
(336,997)
(488,902)
(572,708)
FINANCIAL POSITION
Fixed assets - net
2,877,514
2,976,625
3,135,643
3,304,259
3,483,247
3,674,162
Paid up capital
324,000
324,000
324,000
324,000
324,000
324,000
Shareholder's equity
(1,489,546)
(1,593,470)
(1,284,865)
(922,841)
(597,829)
(1,737,303)
Long term liabilities
534,670
564,480
595,026
1,052,118
1,286,275
1,862,979
Current assets
101,853
106,831
119,835
142,836
189,585
476,748
Current liabilities
3,884,732
4,112,937
3,945,318
3,317,819
2,984,876
2,434,184
Breakup value per share (Rs)
(5.71)
(9.53)
(11.18)
(10.40)
(15.09)
(17.68)
STATISTICS
No. of employees
28
29
22
54
229
292
Sugar produced (M. Tons
-
-
-
-
5,808
15,242
Crushing period (days)
-
-
-
-
35
72
Capital Reserves
Surplus on revaluation of property, plant and equipment
Revenue reserves
Accumulated profit/(loss)
Non Current Liabilities
Long term financing
Deferred liabilities
Deferred taxation
Current Liabilities
Trade and other payables
Markup on loans and other payables
Short term borrowings
Unclaimed dividend
Current portion of non current liabilities
Contingencies and Commitments
ASSETS
Non Current Assets
Property, plant and equipment
Long term deposits
Current Assets
Stores, spares and loose tools Stock in trade
Advances, deposits, prepayments and other receivables Cash and bank balances
The annexed notes form an integral part of these financial statements.
1,262,648,855
(4,207,016,723)
(1,489,546,129)
-
17,727,972
516,942,121
534,670,093
800,883,054
1,058,817,812
656,399,886
1,443,972
1,367,187,642
3,884,732,366
-
2,929,856,330
2,827,513,789
490,000
2,828,003,789
55,892,796
-
43,524,421
2,435,324
101,852,541
2,929,856,330
1,323,260,805
(4,082,674,095)
(1,593,470,651)
-
17,782,639
546,697,573
564,480,212
791,525,787
1,011,317,540
656,462,763
1,443,972
1,652,187,642
4,112,937,704
-
3,083,947,265
2,976,625,434
490,000
2,977,115,434
55,892,796
-
49,209,513
1,729,522
106,831,831
3,083,947,265
Operating expenses:
(16,226,733)
- Administrative and general expenses
(11,276,729)
-
Other operating charges
(200,000)
(300,000)
-
Other income
37,188,002
-
Loss from operations
(30,020,273)
(171,619,907)
Finance cost
(184,689,757)
(167,720,397)
Loss before taxation
(214,710,030)
(339,340,304)
Taxation
29,755,452
30,523,388
Loss after taxation
(184,954,578)
(308,816,916)
Earning per share - basic
(5.71)
(9.53)
The annexed notes form an integral part of these financial statements.
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
Original Link
Original Document
Permalink
Disclaimer
Haseeb Waqas Sugar Mills Ltd. published this content on 22 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 March 2023 05:30:05 UTC.
Haseeb Waqas Sugar Mills Limited is a Pakistan-based company, which is engaged in the manufacture and sale of refined sugar and its by-products. The Company's principal product is refined white sugar. The Companyâs sugar cane crushing capacity of approximately 10,000 metric ton per day based on 160 days. The Company also produced around 1,36,000 metric ton white refined sugar per annum. The Company's mill is located at Tehsil Jattoi Distt. Muzafargarh.