Financial results of Tri-Star Power Limited for Quarter ended September 30, 2021

Financial Results

Karachi, Tri-Star Power Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on October 29, 2021.

The agenda of the meeting was discussion of profit and loss account for quarter ended September 30, 2021 which portrayed a profit of Rs. 1,597,132 with earnings per share 0.11 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Tri-Star Power Limited was incorporated in Pakistan, as a public limited company on November 14, 1990. The principal activity of the company is manufacturing and sale of electricity. The total numbers of shares are 15,000,000. The Earnings per share is 0.38 in 2020 which was 0.31 in 2019. The Profit after Taxation is 5,740,000 in 2020 which was 4,667,000 in 2019.