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

Financial Results

Karachi, TPL Corporation Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on September 20, 2021.

The agenda of the meeting was discussion of Unconsolidated and consolidated profit and loss account for Year ended June 30, 2021 which portrayed a loss of Rs. 4,150,671,184 and Rs. 241,422,409 with loss per share 1.02 and 0.50 basic and diluted respectively.

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

Furthermore, the share transfer books of the company will remain closed from October 15, 2021 to October 22, 2021 (both days inclusive).

TPL Trakker Limited (the Company) was incorporated in Pakistan on December 04, 2008 as a private limited company. The name of the Company has been changed to TPL Corp Limited. The principal activity of the Company is to make investment in group and other companies.

The total numbers of shares 267,297,763. The Earnings per share is (1.57) in 2020 which was (0.63) in 2019. The Company had a loss of Rs. 420,292,000 in 2020 which was 155,334,000 in 2019.