Karachi, Tri-Pack Films Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on October 04, 2021 through video link.
The agenda of the meeting will be confirming the minutes of Annual General Meeting held on April 14, 2021, to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended June 30, 2020 together with the Directors and Auditors Reports thereon, to appoint auditors for the year ending June 30, 2021 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 27, 2021 to October 04, 2021 (both days inclusive).
Tri-Pack Films Limited was incorporated in Pakistan on April 29, 1993 as a public limited company. It is principally engaged in the manufacturing and sale of Biaxial Oriented Polypropylene (BOPP) film and Cast Polypropylene (CPP) film. Its head office is based in Karachi and regional offices are located in Karachi, Lahore and Hattar.
Since inception the Company has come a long way from one BOPP Line of 5,400 tons to four BOPP Lines of 66,800 tons and two CPP Lines of over 17,000 tons.
The total number of share are 38,800,000. The Earnings per share is 15.83 in 2020 which was (7.98) in 2019. The Profit after tax of the Company is 614,111,000 in 2020 which was (309,814,000) in 2019.