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Sindh Abadgars Sugar Mills Limited (SASML): SY21 Corporate Briefing Takeaways – By Taurus Research

  • By: Taurus Securities Limited

  • - Published: Thursday, 24 February 2022
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">SASML: LAT: SY21 PKR 80Mn (LPS: PKR 7.69).</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The Company&rsquo;s core business is the manufacturing and sale of white refined sugar of all grades and its by products. The company&rsquo;s authorized capital is PKR 650Mn and Paid up Capital is PKR 104Mn. The crushing capacity initially stood at 3,000 MT per day gradually enhancing to 4,000 MT per day and currently standing at a benchmark of 8,000 MT per day.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">During SY21, SASML had a capacity of 8,000 TCD, the plant operated just 87 days mainly because of unavailability of sugar-cane due to higher prices of sug...

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