Karachi, Security Investment Bank Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on August 30, 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. 15,669,291 with earnings per share 0.305 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Security Investment Bank Limited is a public limited company incorporated in Pakistan on May 23, 1991 and started its commercial operations on December 31, 1991. It is licensed to carry out business of investment finance services as a Non- Banking Finance Company. The registered office of SIBL is situated at Office No. 01, 1st Floor, Junaid Plaza, I-10 Markaz, Near MCB Bank, Islamabad.
The total number of shares the company has introduced are 51,433,559. The Earnings per share is 1.50 in 2020 which was 0.77 in 2019. The Profit After Taxation is 77,305,000 in 2020 which was 39,508,000 in 2019.