Karachi, Pakistan International Container Terminal Limited informed Pakistan Stock Exchange that Mr. Sharique Azim Siddiqui and Mr. Zafar Iqbal Awan have ceased to be the Directors of the Company with effect from October 13, 2021
Pakistan International Bulk Terminal Limited was incorporated on March 22, 2010. The Company has entered into a Built Operate Transfer (BOT) contract with Port Qasim Authority (PQA) on November 06, 2010 for the construction, development, operations and management of coal and clinker/cement terminal at Port Mohammad Bin Qasim for thirty years. After the expiry date, the Company will transfer all the concession assets to PQA.
The total numbers of shares of the Company are 1,786,092,772. The Earnings per shares is 0.64 in 2020 which was (1.37) in 2019. The Profit after Taxation is 1,144,285,000 in 2020 which was (2,377,102,000) in 2019.