$MIRKS Mirpurkhas Sugar Mills Limited (MIRKS): Corporate Briefing Takeaways – By Taurus Research
$MIRKS
Mirpurkhas Sugar Mills Limited
Rs. 35.09
-0.65%
- MIRKS’s sugar production declined to 52,997MT in SY25 from 66,101MT in SY24, down 20%YoY, while paper production rose to 42,658MT from 31,968MT in the SPLY, up 33%YoY. Molasses production declined to 26,286MT from 30,110MT, down 13%YoY, while sucrose recovery fell slightly to 10.42% from 10.73% in the SPLY. The Company also exported 5,003 MT of sugar during SY25.
- Net sales increased to PKR 12.6Bn in SY25, up 5%YoY from ~PKR 12Bn, driven by higher sugar prices and improved paper output. A net loss of ~PKR 251Mn was in reported in SY25 compared to ~PKR 2.2Bn in SY24, with a LPS of PKR 3.77 versus PKR 39.17 in the SPLY.