Karachi, Pakistan International Airlines Corporation informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on August 27, 2021.
The agenda of the meeting was discussion of unconsolidated profit and loss account for quarter ended June 30, 2021 which portrayed a loss of Rs. 17,495,305 with loss per share 3.34 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Pakistan International Airlines is one of the oldest airline in Pakistan. The total numbers of shares are 1,500,000 quoted on Pakistan Stock Exchange Limited.