Financial results of Shield Corporation Limited for Year ended June 30, 2021

Karachi, Shield Corporation Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on September 08, 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. 155,104,773 with earnings per share 39.77 basic and diluted respectively.

Further, 20% payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from October 13, 2021 to October 27, 2021 (both days inclusive).

Shield Corporation Limited was incorporated on 10 January 1975 as a public limited company in Pakistan. The Company started its commercial production on 26 November 1975 and is mainly engaged in the manufacturing, trading and sales of oral care and baby care products.

The total number of shares are 3,900,000. The Earnings per share is (4.73) in 2020 which was 6.24 in 2019. The Profit After Taxation in 2020 is (18,453,000) which was 24,330,000 in 2019.