Karachi, Next Capital Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on August 20, 2021.
The agenda of the meeting was discussion of profit and loss account for Year ended June 30, 2021 which portrayed a profit of Rs. 81,998,328 with earnings per share 1.66 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 September 15, 2021 to September 20, 2021 (both days inclusive).
Next Capital Limited was incorporated as a public limited company in Pakistan on 14 December 2009. The company is principally engaged in brokerage of shares, stocks, equity and debt securities, commodities, forex and other financial instruments and corporate finance services. Further, the Company is engaged in trading in equity and debt securities on its own account through ready, spot and forward counters of the stock exchange.
The total numbers of shares are 49,500,000. The Earnings per share is 0.40 in 2020 which was 0.12 in 2019. The Profit after Taxation of the Company is 17,794,000 in 2020 which was 5,307,000 in 2019.