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Stock Price as on 08 Jan, 2014

94.5

Al Abbas Sugar Mills Ltd

AABS



Al-Abbas Sugar Mills Limited, a progressive Company was incorporated in May 1991. The shares of the Company were listed on April 1992 at the Karachi Stock Exchange (Guarantee) Limited. One unit is located at Mirwah Gorchani with installed sugarcane crushing capacity of 7,500 Tons per day and processing capacity of molasses into quality industrial alcohol of 170,000 liters per day. At this location the Company has also installed 6 MW power plant to cater power requirement of sugar and distillery unit. The other unit is located at Dhabeji Thatta having 15 MW captive power coal fired plant and has capacity to manufacture 27,220 M.T of different alloys per annum. The tank terminal unit of the Company is located at Kemari Karachi with storage capacity of 34,900 M.T of liquids. The sugar production was started in 1994, industrial alcohol in 2000, alloys in 2005 and power generation in 2010. Under the leadership of young, vibrant, energetic and visionary Chief Executive, soon the Company after its incorporation stood on sound financial and operational footing that pave the way for the future growth.