Material Information of EMCO Industries Limited

Karachi, EMCO Industries Limited informed Pakistan Stock Exchange in continuation of the material information provided by them through letter on April 23, 2020 and October 29, 2020 for the installation of an on-grid Solar Power Project, they would like to update you that the commissioning of the Solar Power Plant has been completed. After extensive trial production, EMCO formally transitioned to commercial production without any issue from the months June, 2021.

EMCO Industries Limited was incorporated as a Joint Stock Company in Pakistan on August 17, 1954 by the name of Electric Equipment Manufacturing Company (Private) Limited. Later, it was converted into a public company on August 20, 1983 and its name was changed to EMCO Industries Limited on September 12, 1983. The Company is principally engaged in the manufacture and sale of high / low tension electrical porcelain insulators and switchgear.

The shares of the Company are 34,999,667. The Earnings per shares of the Company is 3.37 in 2020 which was 4.13 in 2019. Their Profit after Taxation is 117,899,000 in 2020 which was 144,539,000 in 2019.