Appointment of Chief Executive Officer of KSB Pumps Company Limited

Karachi, KSB Pumps Company Limited informed Pakistan Stock Exchange that Mt. Imran Ghani has been appointed as Chief Executive Officer of the Company as Managing Director of the Company with effect from August 24, 2021 in place of Mr. Sajid Mahmood Awan.

KSB Pumps Company Limited was incorporated in Pakistan on July 18, 1959. The Company is a subsidiary of KSB SE & Co. KGaA. It is principally engaged in the manufacture and sale of industrial pumps, valves, castings and related parts and provision of aftermarket services.

KSB Pumps Company Limited specializes in pumps, valves and systems for industrial, building services, energy and water applications. KSB Pumps Company Limited has its Head Office based in Lahore, a manufacturing facility at Hassanabdal with, sales houses in Lahore, Karachi, Multan, and Rawalpindi.

The total number of shares of the Company are 13,200,000. The Earnings per shares of the Company is 1.24 in 2020 which was (6.66) in 2019. Their Profit after tax in 2020 is 16,383,000 which was 87,880,000 in 2019.