Shahtaj Sugar Mills Ltd 2024 AR2

The report highlights Shahtaj Sugar Mills Limited's operational and financial performance for the fiscal year ended September 30, 2024. The company faced a challenging year with a decline in sugarcane crushing volume and depressed local sugar prices, resulting in a net profit of Rs. 32.145 million, down from Rs. 405.472 million in the previous year. Despite these challenges, the company improved its sucrose recovery rate to 9.97% and continued its progress on a 32 MW bagasse-based co-generation power project. Additionally, the company integrated Environmental, Social, and Governance (ESG) principles into its operations, focusing on energy conservation, sustainable packaging, and community welfare.

Company: Shahtaj Sugar Mills Ltd

Sector: Consumer Staples

Country: Pakistan

Year: 2024

Type: AR2

Pages: 100

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Shahtaj Sugar Mills Ltd

Shahtaj Sugar Mills Ltd 2024 Annual Report

Annual Report

The report highlights Shahtaj Sugar Mills Limited's operational and financial performance for the fiscal year ended September 30, 2024. The company faced a challenging year with a decline in sugarcane crushing volume and depressed local sugar prices, resulting in a net profit of Rs. 32.145 million, down from Rs. 405.472 million in the previous year. Despite these challenges, the company improved its sucrose recovery rate to 9.97% and continued its progress on a 32 MW bagasse-based co-generation power project. Additionally, the company integrated Environmental, Social, and Governance (ESG) principles into its operations, focusing on energy conservation, sustainable packaging, and community welfare.

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Document Details

Report Year

2024

Reporting Period

Oct 1, 2023 - Sep 30, 2024

Fiscal Year

2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Women on Board

Women in Management

Employees