´╗┐Material Information of Dynea Pakistan Limited

Karachi, Dynea Pakistan Limited informed Pakistan Stock Exchange that the actual production capacity as at June 30, 2021 has increased from 24, 000 to 33,000 metric tons per annum and will increase up to 39,000 metric tons on completion of expansion project as on September 30, 2021.

Dynea Pakistan Limited was incorporated on June 20, 1982 in Pakistan as a Public Limited Company. The Company is principally engaged in the production and sale of formaldehyde, urea and melamine-formaldehyde resins and adhesives, molding compounds and glazing powder. These materials have a wide variety of applications for use in wood-based panels, decorative surfaces and tableware. Dynea’s production is currently spread over two plants located in Hub – Baluchistan and Gadoon – Khyber Pakhtunkhwa.

The Shares of the Company in total are 118,872,400. The Earnings per shares of the company is 13.42 in 2020 which was 12.02 in 2019. Their Profit after Taxation is 253,349,000 in 2020 which was 226,901,000.