Board Meeting in Progress of Capital Assets Leasing Corporation Limited

Karachi, Capital Assets Leasing Corporation Limited informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company scheduled to be held on September 20, 2021 at Karachi to consider the financial results for the year ended June 30, 2021 is in progress.

The Company was incorporated on April 1, 1992 as a public limited company. The principal activity of the company is to carry out leasing business. In addition, the company is also engaged in renting out of vehicles through its holding company. The company has its registered office in Karachi and a branch office in Lahore. The Company is subsidiary of M/s Optimus Limited.

The total shares of the Company introduced are 10,744,413. The Earnings per share in 2020 is 0.81 which was 1.88 in 2019. Their Profit after Taxation is 8,667,000 in 2020 which was 20,147,000 in 2019.