Day: February 23, 2023

Karachi, Bestway Cement Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Islamabad on February 22, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2022 which portrayed a profit of Rs. 4,760,537 with earnings per share 7.98 basic and diluted respectively.

Further, 60% payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from March 08, 2023 to March 11, 2023 (both days inclusive).

Bestway Cement Limited is a Public Limited Company incorporated in Pakistan on December 22, 1993. The Company is principally engaged in the production and sale of Cement, as it is a part of the Cement & Concrete Product Manufacturing Industry.

The Company is a subsidiary of Bestway (Holdings) Limited, U.K, which holds 56.43% shares in the Company. Bestway (Holdings) Limited is a wholly owned subsidiary of Bestway Group Limited, U.K.

The Shares of the Company are quoted on Pakistan Stock Exchange and used the symbol “BWCL” for the shares of the Company in PSX.

The total number of shares the company has introduced are 596,252,783. The Earning per share is 0.08 in 2020 which was 16.93 in 2019. Their Profit after Taxation is 49,252,000 in 2020 which was 10,097,285,000 in 2019.

Karachi, Kot Addu Power Company Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on February 22, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2022 which portrayed a profit of Rs. 1,076,362 with earnings per share 1.22 basic and diluted respectively.

Further, 35% payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from March 09, 2023 to
March 11, 2023 (both days inclusive).

Kot Addu Power Company Limited was incorporated in Pakistan on April 25, 1996 as a public listed company. The Principal activities of the Company are to own, operate and maintain-fuel fired power station and to sell the electricity produced to a single customer WAPDA under a Power Purchase Agreement (PPA).

Kot Addu Power Plant (the “Power Plant”) was built by the Pakistan Water and Power Development Authority (“WAPDA”) in five phases between 1985 and 1996 in District Muzaffargarh, Punjab, 90 K.M. north west of Multan on the left bank of the River Indus at a distance of 16 K.M. from Taunsa Barrage.

In February 2005, the Privatization Commission (on behalf of WAPDA) sold another 18% of WAPDA shareholding in the Company to the General Public. On April 18, 2005 the Company was formally listed on the Pakistan Stock Exchange (formerly the Karachi Stock Exchange, the Lahore Stock Exchange and the Islamabad Stock Exchange).

The Company is now listed on Pakistan Stock Exchange limited and quoted shares of it that are 880,253,228. Their Earnings per shares of the company is 26.83 in 2020 which was 14.90 in 2019. The Profit after Taxation is 23,613,193,000 in 2020 which was 13,111,540,000 in 2019.

Karachi, Kohinoor Textile Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on February 22, 2022.

The agenda of the meeting was discussion of consolidated and unconsolidated profit and loss account for quarter ended December 31, 2022 which portrayed a profit of Rs. 3,019,909 and Rs. 501,698 with earnings per share 6.05 and 1.68 basic and diluted respectively.

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

Kohinoor Textile Mills Limited is a public limited company incorporated in Pakistan. The principal activity of the Company is manufacturing of yarn and cloth, processing and stitching the cloth and trade of textile products.

Kohinoor Textile comprises of two spinning divisions located at Rawalpindi (KTML) and Gujar Khan (KGM). There are a total of nine units with 151,000 spindles. The total production of yarn is 28,800,000 Lbs per annum.

The total numbers of shares are 299,296,456. The Earnings per share is 9.21 in 2021 which was 5.11 in 2020. The Profit after Taxation of the Company is 2,756,329,000 in 2021 which was 1,528,043,000 in 2020.

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

The agenda of the meeting was discussion of Unconsolidated and consolidated profit and loss account for quarter ended September 30, 2022 which portrayed a loss of Rs. 2,242,105,018 and Rs. 2,172,040,686 with loss per share 1.88 and 1.82 basic and diluted respectively.

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

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.