Habib Sugar Mills Limited (HABSM): SY24 Corporate Briefing Takeaways - By Taurus Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">HABSM Limited, is one of the leading sugar producers in Pakistan. The Company operates in three different segments, spread across Sindh (Karachi and Nawabshah). Its diversified operations include sugar production, ethanol distillery plant and textile division for viz terry towel products.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">HABSM reported revenue of PKR 20.6Bn in SY24, reflecting an increase of 3% from PKR 19.9Bn in SY23, driven by strong sugar demand and favorable market dynamics. Profit from operations decreased 17%YoY to PKR 2.75Bn, while profit before tax and levy reached PKR 2.7Bn, as a result the Company recorded PAT of ~PKR 1.96Bn, a 23% decrease compared to PKR 2.5Bn last year. S...