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

Karachi, TPL Trakker Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on September 18, 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. 42,441,473 and 96,473,842 with loss per share 0.64 and 0.31 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 12, 2021 to October 18, 2021 (both days inclusive).

TPL Trakker is engaged in providing technology solutions, focused on Connected Car, Data and Location services, and Industrial IoT technologies.

TPL Trakker is in the business of providing superior quality GPS, GSM & Satellite Mobile Asset Tracking Management and Information Solutions. We work with various businesses and equip them with advanced data tools for location tracking, fuel monitoring, reporting, safety and compliance.

Our portfolio includes Car Tracking Units, Software, Operational and Project Management Expertise, Deployment, Data Evaluation, and Consultancy. Modified solutions such as Stolen Vehicle Recovery Assistance, Fleet Management Solutions, Safe Transport Environment, Trakker NAV, Personal Tracking, and e-Solutions are also offered to clients looking for tailored services to meet very specific needs.

The total number of shares are 187, 263, 0930. The Profit after taxation in 2020 is (458,517,000) which was 35,863,000 in 2019.