Karachi, Maple Leaf Cement Factory Limited informed Pakistan Stock Exchange that the Company has signed a contract on August 10, 2021 with plant supplier, M/s Zero Carbon, for 5MW Solar Plant at the existing plant site Iskanderabad, District Mianwali, Punjab, Pakistan. The expected date of generation is January 01, 20222. The total estimated cost of the project will be PKR 450 million.
Maple Leaf Cement Factory Limited was incorporated in Pakistan on 13 April 1960, as a public company limited by shares. The principal activity of the Company is production and sale of cement. The Company is a subsidiary of Kohinoor Textile Mills Limited (“the Holding Company”).
The total number of shares of the Company are 1,098,346,232. The Earnings per Shares of the Company is (5.30) in 2020 which was 2.47 in 2019. The Profit after Taxation in 2020 is (4,843,265,000) which was 146,529,000 in 2019.