Karachi, Macter International 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. 257,028 and Rs. 215,888 with earnings per share 6.57 and 5.52 basic and diluted respectively.
Further, 20% payment of cash dividend, bonus shares and right shares was agreed.
Furthermore, the share transfer books of the company will remain closed from October 16, 2021 to October 23, 2021 (both days inclusive).
Macter International Limited was incorporated in Pakistan in 1992 as a private limited company and was converted into a public limited company in 2011. The principal activity of the company is to manufacture and market pharmaceutical products.
The total numbers of shares are 39,144,351. The earnings per share is 0.38 in 2020. The Profit after Taxation is 14,930,000 in 2020.