Financial results of Nagina Cotton Mills Limited for Quarter ended December 31, 2022

Karachi, Nagina Cotton 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. 93,065,628 with earnings per share 6.17 basic and diluted respectively.

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

Nagina Cotton Mills Limited was incorporated in Pakistan on May 16, 1967 as a public limited company. The principal business of the Company is manufacture and sale of yarn.

The total numbers of shares are 18,700,000. The Earnings per share is 0.41 in 2020 which was 16.50 in 2019. The Profit after Taxation is 7,629,000 in 2020 which was 308,620,000 in 2019.

Financial results of Pioneer Cement Limited for Quarter ended December 31, 2022

Karachi, Pioneer Cement 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. 1,175,444 with earnings per share 5.17 basic and diluted respectively.

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

Pioneer Cement Limited was incorporated in Pakistan as a public company limited by shares on February 09, 1986. The principal activity of the Company is manufacturing and sale of cement.

The plant is located at Chenki, District Khusshab, in the heart of Punjab Province, 250 km away from Lahore and 120km away from Motorway (M2).

The total numbers of shares are 227,148,793. The Earnings per share is (0.92) in 2020 which was 3.48 in 2019. The Profit After Taxation in 2020 is (209,622,000) which was 790,377,000 in 2019.

Financial results of GOC (Pak) Limited for Quarter ended December 31, 2022

Karachi, GOC (Pak) 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. 14,297,876 with earnings per share 1.95 basic and diluted respectively.

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

GOC (Pak) Limited was incorporated in Pakistan on 02 June 1964 as a private Company limited by shares under the Companies Act, 1913 (Now Companies Act, 2017) and converted into a public limited company on April 17, 1986. The Company is engaged in manufacturing and sale of hockey sticks, cricket ball and other quality sports goods.

Election of Directors of ICC Industries Limited

Karachi, ICC Industries Limited informed Pakistan Stock Exchange that the seven members have been elected as Directors of the Company in their Extraordinary General Meeting.

ICC Industries Limited, previously ICC Textiles Limited, manufactures and sells grey fabric and rents out vacant buildings and / or open area of the company’s premises.

Appointment of Chief Financial Officer of Engro Fertilizers Limited

Karachi, Engro Fertilizers Limited informed Pakistan Stock Exchange that Mr. Farooq Barkat Ali has been appointed as Chief Financial Officer of the company with effect from February 24, 2023 in place of Mr. Imran Ahmed.

Engro Fertilizers Limited is a Public Limited Company incorporated on June 29, 2009 in Pakistan, as a wholly owned subsidiary of the Parent Company namely as Engro Corporation Limited, which is a subsidiary of Dawood Hercules Corporation Limited.

The principal activity of the Holding Company is manufacturing, purchasing and marketing of fertilizers, seeds and pesticides and providing logistics services.

The Shares of the Company are 1,335,299,375. The Earnings per shares of the company is 12.59 in 2020 which was 13.90 in 2019. Their Profit after Taxation is 16,815,312,000 in 2020 which was 18,562,914,000 in 2019.

Extraordinary general meeting of Pakistan Services Limited

Karachi, Pakistan Services Limited informed Pakistan Stock Exchange that extraordinary general meeting of the company is scheduled to be held on March 16, 2023 at Islamabad.

The agenda of the meeting will be confirming the minutes of the annual general meeting held on October 27, 2022.

Further, the closed period of the company is from March 10, 2023 to March 16, 2023 (both days inclusive).

Pakistan Services Limited was incorporated on 06 December 1958 in Pakistan as a public limited company. The Company is principally engaged in the hotel business and owns and manages the chain of Pearl Continental Hotels. The Company also owns one small sized property in Lahore operating under the budget hotel concept. The Company also grants franchise to use its trade mark and name “Pearl Continental”.

The Company is listed on Pakistan Stock Exchange with a large number of shares that are 32,524,250. The Earnings per shares of the Company is (53.62) in 2020 which was (26.55) in 2019. The Company had a loss of Rs. 1,744,014,000 in 2020 which was (863,398,000) in 2019.

Transaction of 15,000 shares of Saif Power Limited

Karachi, Saif Power Limited informed Pakistan Stock Exchange about transaction of shares of the company. 15,000 shares @ Rs. 18.51 per share were bought from the market on February 22, 2023 through CDC.

Saif Power Limited was incorporated in Pakistan on November 11, 2004 as a public limited company and commenced operations from April 30, 2010. The principal activities of the Company are to own, operate and maintain a combined cycle power plant having nameplate capacity of 225 MW (ISO) and sell the electricity to Central Power Purchasing Agency Guarantee Limited (CPPA-G).

The total number of shares the company has introduced so far are 386,471,779. The Earning per share in 2020 is 6.14 which was 9.44 in 2019. The profit after taxation in 2020 is 2,371,501,000 which was 3,649,947,000 in 2019.

Transmission of Quarterly Report for the Period Ended December 31, 2022 of First Fidelity Leasing Modaraba

Karachi, First Fidelity Leasing Modaraba informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended December 31, 2022 have been transmitted through PUCARS and is also available on Company’s website.

The First Fidelity Leasing Modaraba is a perpetual, multipurpose and multidimensional modaraba and is primarily engaged in the business of leasing, musharika and morabaha financing, equity investment and other related business. The Modaraba is a corporate member of the National Commodity Exchange Limited. It is managed by Fidelity Capital Management Company (Pvt.) Ltd. Registered office of the Modaraba is situated in Ground Floor 90,A-1 Canal Bank Gulberg-II, Lahore.

The total numbers of shares are 26,413,804. The Earnings per share is (0.18) in 2020 which was 0.04 in 2019. The Profit after Taxation is (4,653,000) in 2020 which was 1,150,000 in 2019.

Transmission of Quarterly Report for the Period Ended December 31, 2022 of Netsol Technologies Limited

Karachi, Netsol Technologies Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended December 31, 2022 have been transmitted through PUCARS and is also available on Company’s website.

NetSol Technologies Limited was incorporated in Pakistan on August 22, 1996 as a private company limited by shares, was later on converted into public limited company. Main business of the Company is development and sale of computer software and allied services in Pakistan as well as abroad.

The total numbers of shares are 89,836,923. The Earnings per share is 2.73 in 2020 which was 13.86 in 2019. The Profit after Taxation is 244,840,000 in 2020 which was 1,243,484,000 in 2019.

Appointment of Director of Highnoon Laboratories Limited

Karachi, Highnoon Laboratories Limited informed Pakistan Stock Exchange that Mr. Tariq Wajid has been appointed as Director of the Company with effect from February 24, 2023 in place of Ms. Nael Najam.

Highnoon Laboratories Limited was incorporated in Pakistan. The Company is principally engaged in the manufacture, import, sale and marketing of pharmaceutical and allied consumer products.

The total numbers of shares are 38,076,441. The Earnings per share is 41.01 in 2020 which was 28.05 in 2019. The Profit after Taxation is 1,420,736,000 in 2020 which was 971,013,000 in 2019.

Change of Share Registrar of Unity Foods Limited

Karachi, Unity Foods Limited informed Pakistan Stock Exchange that the Company has approved the appointment of Digital Custodian Company Limited (DCCL) as the new Share Registrar/Transfer Agent in Place of F.F. Registrar Services (Private) Limited with effect from March 15, 2023.

Unity Foods Limited was incorporated in Pakistan in 1991 as a Private Limited Company and subsequently converted into a Public Limited Company on June 16, 1991. The principal business activity of the Company has been changed from yarn manufacturing to edible oil extraction, refining and related businesses.

The total numbers of shares are 994,050,000. The earnings per share is 0.39 in 2020 which was 1.03 in 2019. The profit after Taxation is 209,629,000 in 2020 which was 255,075,000 in 2019.

Financial results of Highnoon Laboratories Limited for Year ended December 31, 2022

Karachi, Rupali Polyester Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on February 23, 2022.

The agenda of the meeting was discussion of unconsolidated and consolidated profit and loss account for year ended December 31, 2022 which portrayed a loss of Rs. 2,417,172,341 and 2,472,690,401 with loss per share 57.71 and 59.04 basic and diluted respectively.

Further, 200% payment of cash dividend, 10%bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from April 22, 2023 to April 29, 2023 (both days inclusive).

Highnoon Laboratories Limited was incorporated in Pakistan. The Company is principally engaged in the manufacture, import, sale and marketing of pharmaceutical and allied consumer products.

The total numbers of shares are 38,076,441. The Earnings per share is 41.01 in 2020 which was 28.05 in 2019. The Profit after Taxation is 1,420,736,000 in 2020 which was 971,013,000 in 2019.