Day: February 23, 2023

Karachi, Jubilee Life Insurance Company Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 23, 2023.

The agenda of the meeting was discussion of profit and loss account for year ended December 31, 2022 which portrayed a profit of Rs. 2,072,000 with earnings per share 23.74 basic and diluted respectively.

Further, 100% payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from March 24, 2023 to March 30, 2023 (both days inclusive).

Jubilee Life Insurance Company Limited was incorporated in Pakistan on June 29, 1995 as a Public Limited Company. The Company started its business on June 20, 1996 and engaged in life insurance, carrying on non-participating business. In accordance with the requirements of the Insurance Ordinance, 2000, the Company has established a Shareholders’ fund and following statutory funds in respect of each class of its life insurance business. The company is a subsidiary of Aga Khan Fund For Economic Development, S.A, Switzerland.

The total number of shares of the Company is 87,263,748. The Earnings per share of the Company is 33.05 in 2020 which was 25.49 in 2019. Their Profit after Taxation is 2,884,380,000 in 2020 which was 2,224,230,000 in 2019.

Karachi, Pakistan Tobacco Company Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Islamabad on February 23, 2023.

The agenda of the meeting was discussion of profit and loss account for year ended December 31, 2022 which portrayed a profit of Rs. 21,320,931 with earnings per share 83.45 basic and diluted respectively.

Further, 200% payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from April 21, 2023 to April 27, 2023 (both days inclusive).

Pakistan Tobacco Company Limited was incorporated in 1947 immediately after partition, when it took over the business of the Imperial Tobacco Company of India which had been operational in the subcontinent since 1905.

The Company is a subsidiary of British American Tobacco (Investments) Limited, United Kingdom, whereas its ultimate parent company is British American Tobacco p.l.c, United Kingdom. The Company is engaged in the manufacture and sale of cigarettes/ tobacco.

The total number of shares are 255,493,792. The Earnings per share is 64.55 in 2020 which was 50.45 in 2019. The Profit after Taxation is 16,492,490,000 in 2020 which was 12,889,229,000 in 2019.

Karachi, Cnergyico Pk Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 23, 2023.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2022 which portrayed a profit of Rs. 1,235,379 with earnings per share 0.23 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Cnergyico Pk Limited was incorporated in Pakistan as a public limited company on 09 January 1995 under the repealed Companies Ordinance, 1984. The Company currently operates two business segments namely Oil Refinery Business and Petroleum Marketing Business. Petroleum Marketing Business was formally launched in 2007.

Karachi, Diamond Industries Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on February 23, 2023.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2022 which portrayed a loss of Rs. 32,774,326 with loss per share 3.33 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Diamond Industries Limited was incorporated as a Private Limited Company on June 18, 1989 and converted into a Public Limited Company on August 3, 1994. It commenced its commercial production on November 11, 1989.

The principal activity is to manufacture and sell foam products and PVA products consumed in industry and domestically. The company at present has leased out its operations / manufacturing unit

The total numbers of shares are 9,000,000. The Earnings per share is 0.91 in 2020 which was (3.14) in 2019. The Profit after Taxation is 8,231,000 in 2020 which was (28,274,000) in 2019.

Karachi, Shaffi Chemical Industries Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on February 23, 2023.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2022 which portrayed a loss of Rs. 17,749,281 with loss per share 1.48 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

The Company was incorporated as Public Limited Company on 27th September 1994. The main activity of the company is to manufacture and process of Di-OctyleOrtho Phathalates (DOP) Chemicals. Currently the company is to produce Lith and Diltex Binder.

The total numbers of shares are 12,000,000. The Earnings per share is (0.60) in 2020 which was (0.52) in 2019. The Company had a loss of Rs. 7,168,000 in 2020 which was 6,211,000 in 2019.

Karachi, Sapphire Textile Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on February 23, 2023.

The agenda of the meeting was discussion of unconsolidated and consolidated profit and loss account for quarter ended December 31, 2022 which portrayed a profit of Rs. 936,659,183 and 37,399,638 with earnings per share 43.18 and 12.06 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Sapphire Textile Mills Limited was incorporated in Pakistan on 11 March 1969 as a public limited company. The Company is principally engaged in manufacturing and sale of yarn, fabrics, home textile products, finishing, stitching and printing of fabrics.

The total numbers of shares are 21,689,791. The Earnings per share is 55.03 in 2020 which was 121.31 in 2019. The Profit after Taxation of the Company is 1,179,089,000 in 2020 which was 2,559,440,000 in 2019.

Karachi, Grays Leasing Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Sialkot on February 23, 2023.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2022 which portrayed a profit of Rs. 1,727,611 with earnings per share 0.080 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Grays Leasing Limited is a public limited Company incorporated in Pakistan. The Company is engaged in leasing business. It has been classified as a Non-Banking Finance Company (NBFC). The total numbers of share are 21,500,000. The Earnings per share is (0.18) in 2020. The Company had a loss of Rs. 3,871,000 in 2020 which was 1,194,000 in 2019.

Karachi, Fateh Sports Wear Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Hyderabad on February 23, 2023.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2022 which portrayed a profit of Rs. 13,626,921 with earnings per share 6.81 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Fateh Sports Wear Limited was established and incorporated in 1984, as a public Limited Company. The business of company is to manufacture readymade garments for selling them locally as well as exporting.

The total number of shares of the Company are 2,000,000. The Earnings per shares of the Company is 316.64 in 2020 which was (9.37) in 2019. Their Profit after Taxation is 633,285,000 which was (18,745,000) in 2019.

Karachi, Prosperity Weaving Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on February 23, 2023.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2022 which portrayed a profit of Rs. 4,389,026 with earnings per share 0.92 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Prosperity Weaving Mills Limited was incorporated in Pakistan on November 20, 1991 as a public limited company. The principal activity of the Company is manufacturing and sale of woven cloth.

The total number of shares are 18,480,000. The Earnings per share is 8.37 in 2020 which was 11.37 in 2019. The Profit after Taxation is 154,755,000 in 2020 which was 210,034,000 in 2019.

Karachi, Mubarak Textile Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on February 23, 2023.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2022 which portrayed a loss of Rs. 310,936 with loss per share 0.06 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

The company is a publicly quoted firm based in Pakistan that is active in the textile industry. Its core business is the design, manufacture and distribution of made-up textile articles. The company is primarily involved in the production of household textile products such as bedspreads, sheets, tablecloths, linen, towels, carpets, and shower curtains, from purchased materials. The firm principally conducts its business operations within the country.

The symbol “MUBT” is being used by the stock exchange for the Mubarak Textile Mills Limited.

Karachi, United Brands Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 23, 2023.

The agenda of the meeting was discussion of Unconsolidated and consolidated profit and loss account for quarter ended December 31, 2022 which portrayed a loss of Rs. 49,701 and 75,185 with loss per share 0.54 and 0.82 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

United Brands Limited was incorporated in Pakistan on March 13, 1965 as Batlay Match Industries Limited. The company was renamed as UDL Industries Limited on March 16, 1987 and as United Brands Limited, a public limited company on April 5, 2006 under the Companies Ordinance, 1984. The Company is a subsidiary of International Brands Limited, which is the Company’s ultimate parent also. The principal activities of the Company are trading and distribution of consumer goods and allied products

The total number of shares are 91, 800, 0000 The Earning per share is (2.79) in 2020 which was (5.99) in 2019. The Company had a loss of Rs. 255,676,000 in 2020 which was 549,914,000 in 2019.

Karachi, Tariq Glass Industries Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on February 23, 2023.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2022 which portrayed a profit of Rs. 936,529,766 with earnings per share 5.44 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Tariq Glass Industries Limited was incorporated in Pakistan in 1978 and converted into a Public Limited Company in the year 1980. The Company is principally engaged in the manufacture and sale of glass containers, opal glass, tableware and float glass.

With a production capacity of almost 300 tons per day, Tariq Glass Industries Ltd. produces its tableware products on single and double gob press machines as well as H-28 (press & blow) and stretch machines.

In 2013, Tariq Glass Industries Ltd. launched its latest venture, Tariq Float Glass. An ultra-modern plant having a production capacity of 550 tons per day. This facility is capable of producing clear float glass ranging from 2mm to 13mm as well as 5mm tinted and reflective glass through an online CVD coating machine, along with sandblasted glass and aluminum coated mirrors.

The Company is listed on Pakistan Stock Exchange and the total number of shares are 137,733,750. The Earning per share is 6.91 in 2020 which was 12.01 in 2019. The Profit after tax of the Company is 761,589,000 in 2020 which was 1,323,678,000 in 2019.