Karachi, Philip Morris Pakistan Limited 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 profit and loss account for quarter ended June 30, 2021 which portrayed a profit of Rs. 1,001,469 with earnings per share 16.26 and 13.89 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Philip Morris Pakistan Limited was incorporated in Pakistan on February 10, 1969 as a public limited company. The principal activity of the Company is manufacturing and sale of cigarettes and tobacco products.
The total numbers of shares are 61,580,341. The Earnings per share is 16.76 in 2020 which was (32.15) in 2019. The Profit after Taxation is 1,764,848,000 in 2020 which was (1,979,999,000) in 2019.