Board of directors meeting of Dewan Farooque Motors Limited

Karachi, Dewan Farooque Motors Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on September 24, 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 16, 2021 to September 24, 2021.

Deewan Farooque Motors Limited is a Public Limited Company, was incorporated in Pakistan on December 28, 1998. The Company’s principal activities are to assemble, progressive manufacturing and sales of Vehicles in Pakistan. The shares of the Company are quoted on Pakistan Stock Exchange Limited Deewan Farooque Motors Limited suspended its operations since November 2010.

The shares of the Company are 138,735,242. The Earnings per shares of the company are (2.19) in 2020 which was (1.83) in 2019. The Company had a loss of 292,522,000 in 2020 which was 244,304,000 in 2019.