Financial results of Dewan Salman Fibre Limited for Year ended June 30, 2021

Financial Results

Karachi, Dewan Salman Fibre Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on September 23, 2021.

The agenda of the meeting was discussion of profit and loss account for Year ended June 30, 2021 which portrayed a loss of Rs. 400,851 with loss per share 1.09 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from October 21, 2021 to October 28, 2021 (both days inclusive).

Dandot cement Company Limited is a public limited company, was incorporated in Pakistan, on 1980. The company started its production on March 01, 1983 and has been engaged in production and marketing of cement.

Dandot Cement Plant was installed in 1982 by State Cement Corporation of Pakistan. The plant was supplied and erected by Mitsubishi Heavy Industries (MHI) Japan. The kiln was designed for a rated capacity of 1,000 M.Ton of clinker per day. The company is a subsidiary of Calicom Industries (Pvt.) Limited.

The total number of shares of the Company are 94,840,000. The Earnings per shares of the company is (7.33) in 2020 which was 6.59 in 2019. The Profit After Taxation in 2020 is (695,056,000) which was 624,545,000 in 2019.