Annual general meeting of Pakistan Cables Limited to be held on September 24, 2021

Karachi, Pakistan Cables Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on September 24, 2021 through video link.

The agenda of the meeting will be confirming the minutes of Annual General Meeting held on September 29, 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 consider and approve the final cash dividend of 80%, as recommended by the Board of
Directors, for the financial year ended June 30, 2021, 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 September 17, 2021 to September 24, 2021 (both days inclusive).

Pakistan Cables Limited was incorporated in Pakistan as a private limited company on 22 April 1953 and in 1955 it was converted into a public limited company. The Company is engaged in the manufacturing of copper rods, wires, cables and conductors, aluminum extrusion profiles and PVC compounds.

The Company is listed on Pakistan Stock Exchange with the total number of Shares that are 35,577,970. The Earnings per shares of the Company (2.58) in 2020 which was 3.56 in 2019. The Profit After Taxation in 2020 is (91,786,000) which was 126,233,000 in 2019.