Pakistan Company News – Financial results of Attock Cement Pakistan Limited for Year ended June 30, 2018

Financial results of Attock Cement Pakistan Limited for Year ended June 30, 2018

Karachi, Attock Cement Pakistan Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on August 15, 2018.

The agenda of the meeting was discussion of Unconsolidated and consolidated profit and loss account for year ended June 30, 2018 which portrayed a profit of Rs. 4,399,784 and Rs. 4,399,784 with earnings per share 38.42 and 38.42 basic and diluted respectively.

Further, 80% payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from October 11, 2018 to October 18, 2018 (both days inclusive).

Attock Cement Pakistan Limited is a company incorporated in Pakistan on October 14, 1981 as a public limited company. The foundations of the company are formed using the Companies Ordinance, 1984. The company is a subsidiary of Pharaon Investment Group Limited Holding S.A.L., Lebanon. The main business activity is manufacturing and sale of cement. The cement manufacturing plant of the company is located in Balochistan. The shares of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Karachi.

The company has attained ISO 9001:2000 and ISO 14000 certifications from Lloyds Register Quality Assurance in 2002 and 2006. The products of the company include ordinary Portland cement, Falcon Cement, Sulphate Resistant Cement, Block Cement and Portland Blast Furnace Stag Cement.

The symbol “ACPL” is being used by the stock exchanges for the shares of Attock Cement Pakistan Limited.