Board of directors meeting of Pak Suzuki Motor Company Limited

Board Meetings

Karachi, Pak Suzuki Motor Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 31, 2021 at Karachi. The agenda of the meeting will to consider the half yearly Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from August 24, 2021 to August 31, 2021.

Pak Suzuki Motor Company Limited was incorporated in Pakistan as a public limited company in August 1983. The Company was formed in accordance with the terms of a joint venture agreement concluded between Pakistan Automobile Corporation Limited and Suzuki Motor Corporation, Japan (the Holding Company). The Company is engaged in the assembling, progressive manufacturing and marketing of Suzuki cars, pickups, vans, 4x4s and motorcycles and related spare parts.

The total numbers of shares are 82,299,851. The Earnings per share is (19.31) in 2020 which was (35.49) in 2019. The Company had a loss of Rs. 1,589,486,000 in 2020 which was 2,920,485,000 in 2019.