Karachi, Cnergyico Pk Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi 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. 1,235,379 with earnings per share 0.23 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Cnergyico Pk Limited was incorporated in Pakistan as a public limited company on 09 January 1995 under the repealed Companies Ordinance, 1984. The Company currently operates two business segments namely Oil Refinery Business and Petroleum Marketing Business. Petroleum Marketing Business was formally launched in 2007.