Day: February 24, 2023

Karachi, Hashimi Can Company 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. 58,198,363 with loss per share 12.84 basic and diluted respectively.

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

Hashmi Can Company is in the business of production and sale of tin containers & caps. The company’s manufacturing facilities are in Karachi.

The total numbers shares are 1,633,500. The Earnings per share is 82.97 in 2020 which was (2.77) in 2019. The Profit after taxation is 135,539,000 in 2020 which was (4,522,000) in 2019.

Karachi, AEL Textile 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. 495,602 with earnings per share 0.06 basic and diluted respectively.

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

The total numbers of shares are 11,500,000. The Earnings per share is (3.65) in 2017 which was 3.80 in 2016. The Profit after taxation is (41,928,000) in 2017 which was 43,680,000 in 2016.

Karachi, Shezan International 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. 19,408 with loss per share 2.01 basic and diluted respectively.

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

Shezan International Ltd. is a Public Limited Company incorporated in Pakistan. It is engaged in the manufacturing, trading and sale of juices, pickles, jams, ketchups etc., based upon or derived from fruits and vegetables.

The total number of shares the company has introduced are 8,784,600. The Earnings per share is (26.84) in 2020 which was 12.87 in 2019. The Profit After Taxation is (235,784,000) in 2020 which was 113,074,000 in 2019.

Karachi, First Capital Investment 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 Unconsolidated and consolidated profit and loss account for half year ended December 31, 2023 which portrayed a loss of Rs. 4,584,701 basic and diluted respectively.

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

The Company has been registered as an Investment Advisor. The status of the company has been changed from private to public and the Securities and Exchange Commission of Pakistan has issued the license to the company to undertake Asset Management Services as required under the NBFC Rules.

Karachi, AKD Hospitality 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, 2023 which portrayed a loss of Rs. 258,395 with loss per share 0.30 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 February 17, 2023 to February 24, 2023 (both days inclusive).

“AKD Capital Limited was incorporated as a Public Limited Company in the year 1936. The Company is engaged in the business of real estate / providing consultancy, projects financing and management, investment in listed securities and to engage in leasing.

The Company’s principal line of business is that of a general-purpose holding company capable of making investments in a range of securities, intellectual property and other assets plied for hire. The Company is headquartered in Karachi.

The Earnings per share is (1.14) in 2020 which was (1.30) in 2019. The Company had a loss of Rs. 2,868,000 in 2020 which was 3,247,000 in 2019.”

Karachi, International Knitwear 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, 2023 which portrayed a profit of Rs. 10,433,880 with earnings per share 1.08 basic and diluted respectively.

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

“International Knitwear Limited is incorporated in Pakistan. The company is engaged in creating, developing and manufacturing knitted and woven apparel products. The company is also engaged in export of garments.

The total numbers of shares are 9,675,000. The earnings per share is 0.80 in 2020 which was 1.06 in 2019. The Profit after taxation is 7,735,000 in 2020 which was 10,238,000 in 2019. “

Karachi, First Elite Capital Modaraba 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, 2023 which portrayed a loss of Rs. 1,763,290 with loss per share 0.16 basic and diluted respectively.

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

“First Elite Capital Modaraba is a perpetual, multi-purpose and multi-dimensional non-trading Modaraba. It is managed by Crescent Modaraba Management Company Limited. The Modaraba is primarily engaged in the business of ijarah, musharakas and murabahas financing, investment in marketable securities and other related businesses.

The total numbers of shares are 11,340,000. The Earnings per share is (0.46) in 2020 which was (0.39) in 2019. The Company had a loss of Rs. 5,272,000 in 2020 which was 4,371,000 in 2019. “

Karachi, Popular Islamic Modaraba 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, 2023 which portrayed a profit of Rs. 3,075,365 with earnings per share 0.22 basic and diluted respectively.

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

“Popular Islamic Modaraba is a company incorporated in Pakistan, established in 1994, floated under the Modaraba Ordinance of 1980. Popular Islamic Modaraba (Formerly: First Islamic Modaraba) is a multipurpose, perpetual and multi dimensional Modaraba, It is now managed by Popular Islamic Modaraba Management Company (Private) Limited. Formerly, managed by Islamic Investment Bank Limited (Under Liquidation). In year 2013 Popular Islamic Modaraba (Formerly: First Islamic Modaraba) has been take over the management by Popular Group of Industries. It is listed on the Pakistan Stock Exchange. It is a member of NBFI & Modaraba association of Pakistan. It is an Islamic Financial Institution providing financial facilities in accordance with Shariah constraints.

The symbol “PIM” is being used by the stock exchange for the shares of Popular Islamic Modaraba.”

Karachi, First Paramount Modaraba 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, 2023 which portrayed a profit of Rs. 1,268,202 with earnings per share 0.09 basic and diluted respectively.

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

“First Paramount Modaraba, is a Non-Banking Islamic Financial Institute managed by Paramount Investments Limited. It was incorporated in the Province of Sindh on 15th February 1992. It was registered as a Modaraba Management Company with the Registrar of Modaraba companies and Modaraba Islamabad on 15th October, 1992.

First Paramount Modaraba is a multipurpose, perpetual and multidimensional Modaraba floated. Modaraba’s principal activities include deployment of funds on murabaha, modaraba and musharaka arrangements.

The total number of shares are 13,788,418. The Earning per share is 0.47 in 2020 which was 0.88 in 2019. The Earnings per share is 6,497,000 in 2020 which was 12,085,000 in 2019.”

Karachi, Air Link Communication 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 Unconsolidated and consolidated profit and loss account for quarter ended December 31, 2023 which portrayed a profit of Rs. 346,891,871 and Rs. 425,532,415 with earnings per share 0.90 and 1.10 basic and diluted respectively.

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

“Air Link Communication (Pvt.) Limited was incorporated in January 02, 2014 and was converted into a public limited company w.e.f. April 24, 2019. The Company imports and distributes mobile phones & accessories in Pakistan.”