Fatima Sugar Mills Limited
| Subsidiary | |
| ISIN | 🆔 |
| Industry | Sugar |
| Founded 📆 | 1988 |
| Founder 👔 | |
| Headquarters 🏙️ | , Fazal Garh, Sanawan, Muzaffargarh, Punjab , |
Area served 🗺️ | |
Key people | Fawad Ahmad Mukhtar[1] (Chairman) |
Production output | daily 10,500 metric ton crushing capacity |
| Revenue🤑 | 6,676 Million PKR (2019) |
| Owner | Fatima Group |
| Members | |
Number of employees | |
| 🌐 Website | [Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] |
| 📇 Address | |
| 📞 telephone | |
Fatima Sugar Mills Limited (Urdu: فاطمہ شوگر ملز لمیٹڈ "FSML" (Formally known as Reliance Sugar Mills Limited) is a subsidiary of Fatima Holding Limited. The company is engaged in the business of manufacturing and sales of white refined sugar and molasses.
Financing
The sugar mill project was basically financed by ICP-Led syndicate consisting of ABL, MCB UBL and HBL. Initially the patron of Fatima Sugar Mill injected a capital of PKR 128.459 Million and afterwards it was enhanced to PKR 720.478 Million at different intervals.
Capital
Today the total capital of Fatima Sugar Mills Limited as per 2019 annual report is PKR 2,101.708 Million.
In popular culture
In 2021 FBR team generated a tax demand of approx. PKR 25 Billion against FSML [2] also This project is mentioned in two renowned books
- Sugarcane Biofuels written by Muhammad Tahir and Imtiaz Ahmad Khan in 2019[3]
- Pakistan Doing Business, investing in Pakistan Guide[4]
References
- ↑ "FATIMA.PK Company Profile & Executives - Fatima Fertilizer Co. Ltd. - Wall Street Journal". www.wsj.com.
- ↑ "FBR creates Rs469 bn tax demand against 81 sugar mills". www.thenews.com.pk.
- ↑ Khan, Muhammad Tahir; Khan, Imtiaz Ahmed (2019-06-29). Sugarcane Biofuels: Status, Potential, and Prospects of the Sweet Crop to Fuel the World. Springer. p. 179. ISBN 978-3-030-18597-8.CS1 maint: Date and year (link) Search this book on
- ↑ USA, IBP (2018-02-03). Pakistan: Doing Business, Investing in Pakistan Guide - Practical Information, Regulations, Contacts. Lulu.com. p. 186. ISBN 978-1-387-56729-4.CS1 maint: Date and year (link) Search this book on
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