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Thal Industries Corporation Ltd
2 D 1, Gulberg III,
Phone: +92 4235771066p:+92 4235771066 LAHORE, 54000  Pakistan Ticker: TICLTICL
Business Summary
The Thal Industries Corporation Limited is a Pakistan-based company, which is engaged in the production and sale of refined sugar and its by-products. The Company produces various grades of sugar and is involved in the co-generation to export surplus electricity to the national grid. The Company's products include Ultra White Refined Sugar, White Refined Sugar, White Refined Sugar (Fine Grain), Molasses and Bio Fertilizer. The Company's businesses include sugar production, power generation and export, research and development, and biological pest control lab. The sugar production is equipped with automated milling tandems and the Mill Max technology (cane crushing technology), which is built on French design. The Company has approximately two sugar manufacturing units, which include Layyah Sugar Mills and Safina Sugar Mills. Its white refined fine grain sugar is used both for industrial local consumption in national and international markets.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20239/30/2023Yes----

Industries
SIC Code Description
2061 Cane sugar, except refining

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Executive Chairman of the Board, Chief Executive Officer Muhammad ShamimKhan
Chief Financial Officer Mumtaz HussainKhosa
Managing Director, Executive Director Nauman AhmedKhan 1/1/2008 1/1/2008
8 additional Officers and Directors records available in full report.

General Information
Number of Employees: 552 (As of 9/30/2013)
Outstanding Shares: 15,023,232 (As of 12/31/2023)
Shareholders: 1,036
Stock Exchange: PSX
Fax Number: +92 4235756687


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Wednesday, April 24, 2024