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Board of directors meeting of Dewan Cement Limited

Karachi, Dewan Cement Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on September 23, 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 September 15, 2021 to September 23, 2021.

Dewan Cement Limited was incorporated in Pakistan as a public limited company in March, 1980. The principal activity of the company is to manufacture and sell cement. The Company is an ISO 9001:2008 certified company which has a capacity to produce more than 2,880,000 tons per annum from two separate manufacturing units, comprising of Pakland Cement Limited, and Saadi Cement Limited which was increased to capacity of 300,000 TPA and then 750,000 TPA.

The total number of shares the company has introduced are 484,113,343. The Earning Per Share in 2020 is (2.74) which was (0.57) in 2019. The company had a loss of Rs. 1,324,465,000 compare to a loss of Rs. 275,304,000 in 2019.