ADAM SUGAR MILLS LIMITED

QUARTERLY REPORT

FOR THE HALF YEAR ENDED

31 March, 2022 (UN-AUDITED)

A D A M S U G A R M I L L S L I M I T E D

IN THE NAME OF ALLAH

THE BENEFICENT, THE MERCIFUL

C O N T E N T S

Vision / Mission & Company Information

2

Directors Review

3

Independent Auditor's Review Report

4

Statement of Financial Position

5

Statement of Profit or Loss

6

Statement of Comprehensive Income

7

Statement of Changes in Equity

8

Statement of Cash Flow

9

Notes to the Financial Statement

10

1

A D A M S U G A R M I L L S L I M I T E D

VISION

To be the leader in sugar industry by building the company's image through quality improvement, competitive prices and meeting social obligations.

MISSION

To Endeavour to be the market leader by offering high quality sugar to our customers at competitive prices.

To continue improving operating performance and profitability thereby ensuring growth for the company while serving best interest of shareholders.

COMPANY INFORMATION

BOARD OF DIRECTORS

MR. JAWAID AHMED - CHAIRMAN

MR. GHULAM AHMED ADAM - CHIEF EXECUTIVE

LT. COL. (RTD) MUHAMMAD MUJTABA

MR. JUNAID G. ADAM

MR. OMAR G. ADAM

MRS. NABIAH OMAR ADAM

MR. MUSTAFA G. ADAM

AUDIT COMMITTEE

CHAIRMAN

LT. COL. (RTD) MUHAMMAD MUJTABA

MEMBER

MR. JUNAID G. ADAM

MEMBER

MR. MUSTAFA G. ADAM

HUMAN RESOURCES AND

REMUNERATION COMMITTEE

CHAIRMAN

LT. COL. (RTD) MUHAMMAD MUJTABA

MEMBER

MR. JUNAID G. ADAM

MEMBER

MR. OMAR G. ADAM

DIRECTOR FINANCE /

QAMAR RAFI KHAN

CORPORATE SECRETARY

CHIEF FINANCIAL OFFICER

FAISAL HABIB

HEAD OF INTERNAL AUDIT

NOMAN IQBAL

REGISTERED OFFICE

HAJI ADAM CHAMBERS, ALTAF HUSSAIN ROAD,

NEW CHALLI, KARACHI-2

TEL NO. 32417812 & 32401139-43

WEBSITE: www.adam.com.pk/adamsugar.html

FACTORY

CHAK NO. 4, FORDWAH, CHISHTIAN DISTRICT

BAHAWALNAGAR

STATUTORY AUDITORS

RAHMAN SARFARAZ RAHIM IQBAL RAFIQ

CHARTERED ACCOUNTANTS

COST AUDITOR

A.D. AKHAWALA & CO.

CHARTERED ACCOUNTANTS

SHARE REGISTRARS

C & K MANAGEMENT ASSOCIATES (PVT) LTD

4TH FLOOR, 404 TRADE TOWER, ABDULLAH HAROON

ROAD, KARACHI

TEL NO. 35685930

FAX NO. 35687839

2

A D A M S U G A R M I L L S L I M I T E D

DIRECTORS REVIEW

3

A D A M S U G A R M I L L S L I M I T E D

INDEPENDENT AUDITOR'S REVIEW REPORT

4

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Adam Sugar Mills Ltd. published this content on 03 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 June 2022 06:21:11 UTC.