Appointment of Chief Financial Officer of Clover Pakistan Limited

General

Karachi, Clover Pakistan Limited informed Pakistan Stock Exchange that Mr. Ovais Ali Khan has been appointed as Chief Financial Officer of the Company with effect from October 29, 2021 in place of Mr. Hassan Khurshid.

Clover Pakistan Ltd was incorporated in Pakistan on September 30, 1986 as a Public Listed Company. The principal business of the Company is includes sale of food items, consumer durables and also import and trade gantry equipment’s air/oil filter and other car care products.

The total number of shares are 31,143,059. The Earnings per share is (4.98) in 2020 which was 8.11 in 2019. The Profit after Taxation of the Company is (155,218,000) in 2020 which was 252,496,000 in 2019