Karachi, Pak Datacom Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Islamabad 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 profit of Rs. 15,367,369 with earnings per share 1.43 basic and diluted respectively.

Further, 15% 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).

Pak Datacom Limited was incorporated in Pakistan on July 13, 1992 as a private limited company. The Company commenced its commercial activities from July 1, 1994 and is principally engaged in setting up, operating and maintaining a network of data communication and serving the needs of the customers. The Company is a subsidiary of Telecom Foundation, Pakistan.

The total numbers of shares are 10,781,100. The Earnings per share is 0.76 in 2020 which was 14.59 in 2019. The Profit after Taxation of the Company is 7,413,000 in 2020 which was 143,018,000 in 2019.