Karachi, Arshad Energy Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 27, 2022 at Lahore to consider the progress on business plan.
Further, the company has declared the closed period from January 24, 2022to January 27, 2022.
Arshad Energy Limited is a public limited company incorporated in Pakistan on 20 February 1994. The Company is engaged in the business of generation and distribution of electricity through furnace fired power station having gross capacity of 12 MW in Tehsil Jaranwala, District Faisalabad, and Punjab, Pakistan.
The total numbers of shares are 8,000,000. The Earnings per share is (3.23) in 2020 which was (1.96) in 2019. The Company had a loss of Rs. 25,859,000 in 2020 which was 15,684,000 in 2019.