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Board of directors meeting of Macpac Films Limited

Karachi, Macpac Films 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 16, 2021 to September 23, 2021.

Macpac Films Limited was incorporated on August 19, 1993, in Pakistan as a limited liability company. The principal activity of the company is to manufacture, produce, buy and sell plastic packaging. Macpac Films Limited is the pioneer of BOPP (biaxially-oriented polypropylene) films in the local manufacturing arena, offering its customers with the highest quality products. For more than two decades, the Company has stood for quality in sealable, plain and value-added films.

The total numbers of shares are 59,301,150. The Earnings per share is (1.06) in 2020 which was (3.94) in 2019. The Company had a loss of Rs. 62,855,000 in 2020 which was 233,918,000 in 2019.