Corporate Briefing Session of Pakistan Synthetics Limited

Karachi, Pakistan Synthetics Limited informed Pakistan Stock Exchange that the Corporate Briefing Session of the Company will be held on September 20, 2021 through video link, to brief the analysts/ investors about the Company’s recent financial performance and future outlook.

Pakistan Synthetic Limited was incorporated on 18 November 1984 as a private limited company in Pakistan and subsequently converted into a public limited company on 30 December 1987. The principal activity of the company is manufacturing and sale of plastic caps and crown caps, PET Perform, PET Resin and BOPET Resin.

The total numbers of shares are 84,060,000. The Earnings per share is (1.39) in 2020 which was (2.18) in 2019. The Company had a loss of Rs. 99,043,000 in 2020 which was 123,901,000 in 2019.