Karachi, Leather Up Industries Limited informed Pakistan Stock Exchange that a meeting of the noard of directors of the company is scheduled to be held on February 04, 2022 to consider the draft audit report issued by the statutory auditors on the financial statements of the company for the year ended June 30, 2021.
Leather Up Limited was incorporated as a private limited company. Subsequently the Company was converted into a public limited Company on May 15, 1993. The Company is engaged in the manufacture and export of leather garment products.
Leather Up has a production capacity of 20,000 pieces of Leather Garments and over 35,000 Ladies Bags on the basis of one shift of eight hours per day and 330 days annually.
The total numbers of shares are 6,000,000. The Earnings per share is (0.14) in 2020 which was (1.42) in 2019. The Company had a loss of Rs. 860,000 in 2020 which was 8,195,000 in 2019.