Karachi, Sardar Chemical Industries Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Peshawar on September 30, 2021.
The agenda of the meeting was discussion of profit and loss account for year ended June 30, 2021 which portrayed a profit of Rs. 38,870,076 with earnings per share 6.48 basic and diluted respectively.
Further, 10% payment of cash dividend, bonus shares and right shares was agreed.
Furthermore, the share transfer books of the company will remain closed from October 20, 2021 to October 26, 2021 (both days inclusive).
Sardar Chemical Industries Limited was incorporated in Pakistan on October 3, 1989 as a Private Limited Company. It was converted into Public Limited Company on December 30, 1993. The principal business of the Company is to manufacture and sell dyestuffs for leather, textile and paper industries.
The total numbers of shares are 6,000,000. The Earnings per share is 3.41 in 2020 which was 3.11 in 2019. The Profit after taxation is 20,478,000 in 2020 which was 18,653,000 in 2019.