´╗┐Financial results of Pak Suzuki Motor Company Limited for Quarter ended June 30, 2021

Karachi, Pak Suzuki Motor Company Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on August 31, 2021.

The agenda of the meeting was discussion of profit and loss account for quarter ended June 30, 2021 which portrayed a profit of Rs. 418,968 with earnings per share 5.09 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Pak Suzuki Motor Company Limited was incorporated in Pakistan as a public limited company in August 1983. The Company was formed in accordance with the terms of a joint venture agreement concluded between Pakistan Automobile Corporation Limited and Suzuki Motor Corporation, Japan (the Holding Company). The Company is engaged in the assembling, progressive manufacturing and marketing of Suzuki cars, pickups, vans, 4x4s and motorcycles and related spare parts.

The total numbers of shares are 82,299,851. The Earnings per share is (19.31) in 2020 which was (35.49) in 2019. The Company had a loss of Rs. 1,589,486,000 in 2020 which was 2,920,485,000 in 2019.