Karachi, Agriauto Industries Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on August 26, 2021.
The agenda of the meeting was discussion of Unconsolidated and consolidated profit and loss account for Year ended June 30, 2021 which portrayed a profit of Rs. 651,398 and Rs. 829,664 with earnings per share 22.62 and 28.81 basic and diluted respectively.
Further, 100%payment of cash dividend, bonus shares and right shares was agreed.
Furthermore, the share transfer books of the company will remain closed from October 15, 2021 to October 21, 2021 (both days inclusive).
Agriauto Industries Limited is a Public Limited company, was incorporated in Pakistan on June 25, 1981. The Company is automotive components manufacturers in the private sector and also they acquire TS16949 certification.
The Company is engaged in the business of manufacturing and sailing of components for automotive vehicles, motor cycles and agricultural tractors.
The total number of shares they issued are 28,800,000. Earning Per Shares in 2020 is (1.03) which was 20.94 in 2019. The Net Profit Margin percentage has also decreased in 2020 and is (0.79%) which was 8.47% in 2019.