Karachi, Merit Packaging Limited informed Pakistan Stock Exchange that the fraction of right shares have been sold through the member of Stock Exchange and the total number of shares are 223 with net amount of Rs. 160.56 on November 15, 2021.
Merit Packaging Limited was incorporated on January 28, 1980 in Pakistan as a public limited company. The Company is mainly engaged in the manufacture and sale of printing and packaging materials.
Merit Packaging Limited, associated with the Lakson Group of Companies. It operates a single factory in Karachi with an additional facility in Lahore. Its headquarters are located at Lakson Square, Karachi, Pakistan.
The total number of shares are 80,628,398. The Earnings per share is (8.59) in 2020 which was (3.85) in 2019. The Company had a loss of Rs. 692,679,000 in 2020 which was 310,536,000 in 2019.