Karachi, ICI Pakistan Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on August 05, 2021.
The agenda of the meeting was discussion of consolidated and unconsolidated profit and loss account for year ended June 30, 2021 which portrayed a profit of Rs.5, 228,771 and Rs. 5,959,446 with earnings per share 60.30 and 64.52 basic and diluted respectively.
Further, 20% payment of cash dividend, bonus shares and right shares was agreed.
Furthermore, the share transfer books of the company will remain closed from September 23, 2021 to September 29, 2021 (both days inclusive).
ICI Pakistan Limited is incorporated in Pakistan. The Company is engaged in the manufacture of polyester staple fibre, POY chips, soda ash, specialty chemicals, sodium bicarbonate and polyurethanes; marketing of seeds, toll manufactured and imported pharmaceuticals and animal health products; and merchanting of general chemicals.
Its Life Sciences Business has three business segments: Pharmaceuticals, Animal Health, Chemicals and Agri-sciences. The Company also acts as an indenting agent and toll manufacturer.
The total numbers of shares of the Company are 92,359,050. The Earnings per shares of the Company is 32.80 in 2020 which was 24.96 in 2019. Their Profit after Taxation is 3,029,003,000 in 2020 which was 2,304,912,000 in 2019.