Karachi, Hallmark Company Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on October 25, 2021.
The agenda of the meeting was discussion of profit and loss account for quarter ended September 30, 2021 which portrayed a loss of Rs. 4,871,610 with loss per share 9.74 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Hallmark Company Limited (formerly “Hallmark Insurance Company Limited”) was incorporated as a Public Limited Company on 31 October 1981. The Company was engaged in general insurance business.
The total numbers of shares are 500,000. The earnings per share is 0.48 in 2021 which was 0.77 in 2020. The Profit after taxation is 239,000 in 2021 which was 383,000 in 2020.