Karachi, Fecto Cement Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on September 29, 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.67, 287 with loss per share 1.34 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).

Fecto Cement Limited was incorporated in Pakistan on 28 February 1981 as a Public Limited Company. The principal activity of the Company is production and sale of Portland cement.

The Shares of the Company are 50,160,000. The Earnings per shares of the Company is (15.35) in 2020 which was 1.77 in 2019. Their Profit after Taxation is (770,071,000) in 2020 which was 88,975,000 in 2019.