Karachi, Gatron Industries Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on September 18, 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. 1,065,724 and Rs. 3,001,111 with earnings/ loss per share 27.78 and 78.23 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 19, 2021 to October 26, 2021 (both days inclusive).
The company was incorporated in Pakistan as a Public Limited Company. The principal business of the Company is manufacturing of Polyester Filament Yarn through its self-produced Polyester Polymer/Chips. The Company also produces Pet Performs.
The total numbers of shares are 38,364,500. The Earnings per share is 27.65 in 2020 which was 46.78 in 2019. The Profit after Taxation is 1,060,633,000 in 2020 which was 1,794,735,000 in 2019.