Financial results of ZIL Limited for Quarter ended June 30, 2021

Financial Results

Karachi, ZIL Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on August 25, 2021.

The agenda of the meeting was discussion of profit and loss account for quarter ended June 30, 2021 which portrayed a loss of Rs. 34,597 with loss per share 5.65 basic and diluted respectively.

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

ZIL Limited was incorporated as a private limited company in February 1960 and was subsequently converted into a public limited company in November 1986. The principal activity of the Company is manufacture and sale of home and personal care products.

In November 1986, the company was converted from a private limited company to a public limited company. The company’s Head Office is located in Karachi, their network of sales and distribution has expanded to all parts of the country, enabling Pakistani to enjoy benefits of skin and fabric wash.

The total number of shares are 6,122,600. The Earning per share is 2.17 in 2020 which was 10.74 in 2019. The Profit after Taxation is 13,261,000 in 2020 which was 65,742,000 in 2019.