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Haseeb Waqas Sugar Mills Limited (HWQS):Corporate Briefing Takeaways - By Taurus Research

  • By: Taurus Securities Limited

  • - Published: Wednesday, 30 July 2025
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Haseeb Waqas Sugar Mills Limited was incorporated in Pakistan on 13 January 1992 as a Public Limited Company. The principal activity of the Company is manufacture and sale of refined sugar and its by-products. </span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The Company relocated its plant from Larkana to Alipur but was ordered by the Supreme Court to move back to Larkana, requiring ~PKR 1.5&ndash;2Bn in working capital. Since then, production has remained halted due to legal issues, resulting in no sales and continued losses. </span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">However, in 2023, the Government of Punjab introduced changes in the litigation process, allowi...

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