Karachi, Javedan Corporation Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on September 22, 2021 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2021.
Further, the company has declared the closed period from September 15, 2021 to September 22, 2021.
Javedan Corporation Limited was incorporated in Pakistan on June 08, 1961, as a public limited company. The Company has ceased its cement business since July 01, 2010 and management has developed business diversification strategy for utilizing the Company land for developing a housing scheme, Naya Nazimabad which will include bungalows, open plots, flat sites, and commercial sites.
Total number of shares the company has introduced are 317,383,706. The Earnings per shares of the Company is 0.75 in 2020 which was 1.83 in 2019. The Profit after Taxation of the Company is 236,700,000 in 2020 which was 579,800,000 in 2019.