Day: February 24, 2023

Karachi, Lalpir Power Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on February 24, 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. 2,716,400 with earnings per share 7.13 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 April 13, 2023 to April 26, 2023 (both days inclusive).

Lalpir Power Limited was incorporated in Pakistan on 08 May 1994. The principal activities of the Company are to own, operate and maintain a fuel fired power station having gross capacity of 362 MW in Mehmood Kot, Muzaffargarh, and Punjab, Pakistan. It is a Public Limited Company.

The total number of Shares are 379,838,732. The Earnings per share of the Company is 9.35 in 2020 which was 5.38 in 2019. The Profit after Taxation of the Company is 3,551,394,000 in 2020 which was 2,043,780,000 in 2019.

Karachi, Pakistan Hotels Developers Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 24, 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. 38,023 with earnings per share 2.11 basic and diluted respectively.

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

Furthermore, the share transfer books of the company will remain closed from March 03, 2023 to March 09, 2023 (both days inclusive).

Pakistan Hotel Developers Limited was incorporated and domiciled in 1979 in Pakistan, as a private limited company and converted into public limited company in 1981. Pakistan Hotels Developers Limited (Formerly Taj Mahal Hotels Limited). The company is principally engaged in hotel business and owns and operates a Five Star Hotel Known as Regent Plaza Hotel and Convention Center, Karachi.

The total numbers of shares are 18,000,000. The Earnings per share is 0.02 in 2020 which was 1.56 in 2019. The Profit after Taxation of the Company is 442,000 in 2020 which was 28,013,000 in 2019.

Karachi, Shahzad Textile Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on February 24, 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. 82,571 with loss per share 4.59 basic and diluted respectively.

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

Shahzad Textile Mills Limited was incorporated in 1978. The Company is domiciled in Pakistan and principle business of the Company is to manufacture and deal in all types of yarn.

The total numbers of shares are 17,971,372. The Earnings per share is 2.54 in 2020 which was 7.27 in 2019. The Profit after Taxation is 45,602,000 in 2020 which was 130,726,000 in 2019.

Karachi, Al-Khair Gadoon Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on February 24, 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. 3,969,836 with earnings per share 0.81 basic and diluted respectively.

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

Al-Khair Gadoon Limited was incorporated as a private limited company on August 27, 1990 and converted into a Public Limited Company on August 31, 1995. The Company is principally engaged in the production of foam and allied products.

The Company is listed on Pakistan Stock Exchange, and the symbol “AKGL” is using for the shares of the Company.

The total number of shares the company has issued are 10,000,000. Earning Per Share in 2020 is 0.80 which was 1.94 in 2019. The Profit After Taxation has decreased in 2020 and is 7,998,000 which was 19,395,000 in 2019.

Karachi, Haji Mohammad Ismail Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 24, 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. 851,595 with loss per share 0.07 basic and diluted respectively.

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

The company was incorporated as a private limited company on February 5, 1980 and subsequently converted into public limited company on October 15, 1987. The Principal Business of the company was manufacture and sale of yarn and Power Generation. Subsequently during the Year 2017 the management added new object clauses in the Memorandum of Association from Textile/ Power Generation to trading/ distribution of fast moving consumer goods and other lawful business objects.

The total number of shares are 11,975,040. The Earnings per share is (1.86) in 2020 which was (0.34) in 2019. The Company had a loss of Rs. 22,224,000 in 2020 which was 4,040,000 in 2019.

Karachi, TPL Insurance Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 24, 2022.

The agenda of the meeting was discussion of profit and loss account for Year ended December 31, 2022 which portrayed a loss of Rs. 63,273,226 with loss per share 0.03 basic and diluted respectively.

Further, nil 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).

TPL Insurance Limited was incorporated in Pakistan in 1992 as a public limited company, to carry on general insurance business. The Company was allowed to work as Window Takaful Operator on 04 September 2014 by Securities and Exchange Commission of Pakistan (SECP) under SECP Takaful Rules, 2012 to carry on General Window Takaful Operations in Pakistan.

The total numbers of shares are 117,191,261. The Earnings per share is (0.54) in 2020 which was (1.14) in 2019. The Profit after Taxation of the Company is 39,788,000 in 2020 which was (107,158,000) in 2019.

Karachi, Ghandhara Industries Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 24, 2023.

The agenda of the meeting was discussion of consolidated profit and loss account for quarter ended December 31, 2022 which portrayed a profit of Rs. 25,698 with earnings per share 0.60 basic and diluted respectively.

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

Ghandhara Industries Limited was incorporated on February 23, 1963. The principal activity is assembly and progressive manufacturing of Isuzu trucks and buses. Bibojee Services (Private) Limited is the ultimate Holding Company. The total numbers of shares are 42,608,844. The Earnings per share is (30.11) in 2020 which was 1.41 in 2019. The Profit after Taxation of the Company is (1,282,883,000) in 2020 which was 59,948,000 in 2019.