Board of directors meeting of Ghandhara Nissan Limited

Board Meetings

Karachi, Ghandhara Nissan Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on September 28, 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 21, 2021 to September 28, 2021.

Ghandhara Nissan Limited was incorporated on August 8, 1981 in Pakistan as a private limited company and subsequently converted into a public limited company on May 24, 1992. The principal business of the Holding Company is assembly / progressive manufacturing of vehicles including JAC Trucks, import and sale of Nissan, Dongfeng and Renault vehicles in Completely Built-up condition and assembly of other vehicles under contract agreement. The Company is a subsidiary of Bibojee Services (Private) Limited.

The registered office of the Company is situated at F-3, Hub Chowki Road, S.I.T.E., and Karachi. Its manufacturing facilities are located at Port Qasim, Karachi and regional offices in Lahore and Rawalpindi. The Company’s shares are listed on Pakistan Stock Exchange Limited.

The total numbers of shares are 57,002,500. The Earnings per share is (3.62) in 2020 which was (0.51) in 2019. The Company had a loss of Rs. 206,623,000 in 2020 which was 28,806,000 in 2019.