Board of directors meeting of Crescent Steel and Allied Products Limited

Karachi, Crescent Steel and Allied Products Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 12, 2021 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from August 05, 2021 to August 12, 2021.

Crescent Steel and Allied Products Limited is a conglomerate corporation listed on the Pakistan Stock Exchange Limited as ‘CSAP’, and thereby is a Public Interest Company. They have started operations with a pipe manufacturing facility in March 1987. The Company now operates five segments Steel, Cotton, Investment and Infrastructure Development (IID), Energy and Hadeed (Billet) segment. The Shares are quoted on Pakistan Stock Exchange Limited.

The total shares of the Company introduced are 77,632,491. The Earnings per share has decreased in 2020 and is (0.22) which was 1.85 in 2019. Their Profit after Taxation has also decreased in 2020 and is (17,124,000) which was 143,476,000 in 2019.