Annual general meeting of Kohinoor Power Company Limited to be held on October 28, 2021

Karachi, Kohinoor Power Company Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on October 28, 2021 at Lahore.

The agenda of the meeting will be confirming the minutes of Annual General Meeting held on October 28, 2020 to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended June 30, 2021 together with the Directors and Auditors Reports thereon, to appoint auditors for the year ending June 30, 2022 and fix their remuneration and to transact any other business with the permission of the chair.

Further, the closed period of the company is from October 22, 2021 to October 28, 2021 (both days inclusive).

Kohinoor Power Company Limited was incorporated in Pakistan on December 08, 1991 as a private limited company and subsequently converted into public limited company on May 10, 1992. The principal activity of the company is to generate and sell electric power.

KPCL is situated at 51-KM Multan Road, Lahore and Kohinoor Nagar, Faisalabad. The principle activities of the Company are to own, operate and maintain a furnace oil power station with the capacity of 15 MW. WAPDA is the sole customer of KPCL.

The total numbers of shares are 12,600,000. The Earnings per share is (0.98) in 2020 which was (1.12) in 2019. The Company had a loss of Rs. 12,369,000 in 2020 which was 14,161,000 in 2019.