Board of directors meeting of Nishat Chunian Power Limited

Board Meetings

Karachi, Nishat Chunian Power Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on September 28, 2021 at Lahore. The agenda of the meeting will to consider the Annual Accounts for the period ended August 30, 2021.

Further, the company has declared the closed period from September 21, 2021 to September 28, 2021.

Nishat Chunian Power Limited is a public company limited by shares incorporated in Pakistan. The company is a subsidiary of Nishat Chunian Limited. The principal activity of the company is to build, own, operate and maintain a fuel fired power station. The company has a Power Purchase Agreement with its sole customer, National Transmission and Dispatch Company Limited (‘NTDCL’) for twenty five years.

The total number of shares are 367,346,939. The Earnings per share is 12.54 in 2020 which was 9.30 in 2019. The Profit After Taxation is 4,605,770,000 in 2020 which was 3,416,558,000 in 2019.