Karachi, The Jahangir Siddiqui and Co. Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on August 26, 2021.
The agenda of the meeting was discussion of Unconsolidated and consolidated profit and loss account for quarter ended June 30, 2021 which portrayed a profit of Rs. 131,005 and Rs. 496,221 with earnings per share 0.14 and 0.49 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Jahangir Siddiqui & Co. Ltd. (JSCL) is primarily an investment company in financial services and also makes long term investments in growing companies in Pakistan. In financial services, its investments cover all sectors including asset management, commercial banking, investment banking, Islamic banking, securities brokerage and insurance. JSCL also benefits from strategic long term investments including in technology, transportation, media, and industrial sector companies.
The Company is now listed on Pakistan Stock Exchange Limited and quoted shares of it that are 915,942,388. The Earnings per shares of the Company is 1.32 in 2020 which was 0.39 in 2019. Their Profit after Taxation is 1,205,007,000 in 2020 which was 359,810,000 in 2019.