Mirpurkhas Sugar Mills Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Aslam Faruque

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	no data
CEO ownership	0.4%
Management average tenure	no data
Board average tenure	4.8yrs

Recent management updates

Recent updates

CEO

Aslam Faruque

no data

Tenure

Mr. Aslam Faruque is Chief Executive Officer at Mirpurkhas Sugar Mills Limited and Mirpurkhas Energy Ltd. Mr. Faruque serves as a Director at Ghulam Faruque Group. He is Executive Director at Mirpurkhas Su...

Board Members

Name	Position	Tenure	Compensation	Ownership
Aslam Faruque	CEO & Executive Director	no data	no data	0.43% PKR 9.1m
Wasif Khalid	CFO, COO & Executive Director	6.1yrs	no data	0.023% PKR 485.1k
Arif Faruque	Non-Executive Chairman	no data	no data	0.15% PKR 3.3m
Amer Faruque	Non-Executive Director	no data	no data	0.045% PKR 961.7k
Hasan Reza Rahim	Independent Director	1.8yrs	no data	0% PKR 0
Farzana Faruque	Non-Executive Female Director	4.8yrs	no data	no data
Abdul Shaikh	Independent Director	no data	no data	no data

4.8yrs

Average Tenure

Experienced Board: MIRKS's board of directors are considered experienced (4.8 years average tenure).

Mirpurkhas Sugar Mills Management

Management criteria checks 1/4

Key information

Recent management updates

Mirpurkhas Sugar Mills Announces Appointment of Asim Hamid as Company Secretary

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Recent updates

New minor risk - Shareholder dilution

New major risk - Revenue and earnings growth

Third quarter 2024 earnings released: PK₨10.08 loss per share (vs PK₨0.18 loss in 3Q 2023)

Mirpurkhas Sugar Mills Announces Appointment of Asim Hamid as Company Secretary

Second quarter 2024 earnings released: PK₨6.66 loss per share (vs PK₨0.20 profit in 2Q 2023)

Investor sentiment deteriorates as stock falls 15%

New minor risk - Share price stability

Mirpurkhas Sugar Mills Limited has filed a Follow-on Equity Offering in the amount of PKR 500 million.

Mirpurkhas Sugar Mills Limited has filed a Follow-on Equity Offering in the amount of PKR 500 million.

New minor risk - Profit margin trend

Investor sentiment deteriorates as stock falls 17%

Full year 2023 earnings released: EPS: PK₨18.03 (vs PK₨4.37 in FY 2022)

Investor sentiment improves as stock rises 19%

Third quarter 2023 earnings released: EPS: PK₨13.43 (vs PK₨0.61 in 3Q 2022)

New minor risk - Share price stability

Investor sentiment improves as stock rises 22%

Full year 2022 earnings released: EPS: PK₨15.09 (vs PK₨10.40 in FY 2021)

Investor sentiment deteriorated over the past week

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Second quarter 2022 earnings released: EPS: PK₨19.23 (vs PK₨2.38 loss in 2Q 2021)

Less than half of directors are independent

Investor sentiment improved over the past week

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Company Secretary Abid Vazir has left the company

Investor sentiment improved over the past week

Second quarter 2021 earnings released: PK₨2.38 loss per share (vs PK₨15.89 loss in 2Q 2020)

First quarter 2021 earnings released: EPS PK₨5.05 (vs PK₨3.80 in 1Q 2020)

New 90-day high: PK₨103

Full year 2020 earnings released: PK₨8.58 loss per share

Full year 2020 earnings released: PK₨8.58 loss per share

New 90-day low: PK₨78.51

New 90-day high: PK₨98.49

New 90-day high: PK₨95.00

New 90-day high - PK₨84.00

New 90-day high - PK₨75.11

CEO

Tenure

Board Members

Average Tenure