Board of directors meeting of EMCO Industries Limited

Karachi, EMCO Industries Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 12, 2021 at Lahore. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from August 05, 2021 to August 12, 2021.

EMCO Industries Limited was incorporated as a Joint Stock Company in Pakistan on August 17, 1954 by the name of Electric Equipment Manufacturing Company (Private) Limited. Later, it was converted into a public company on August 20, 1983 and its name was changed to EMCO Industries Limited on September 12, 1983. The Company is principally engaged in the manufacture and sale of high / low tension electrical porcelain insulators and switchgear.

The shares of the Company are 34,999,667. The Earnings per shares of the Company is 3.37 in 2020 which was 4.13 in 2019. Their Profit after Taxation is 117,899,000 in 2020 which was 144,539,000 in 2019.

Board of directors meeting of Crescent Steel and Allied Products Limited

Karachi, Crescent Steel and Allied Products Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 12, 2021 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from August 05, 2021 to August 12, 2021.

Crescent Steel and Allied Products Limited is a conglomerate corporation listed on the Pakistan Stock Exchange Limited as ‘CSAP’, and thereby is a Public Interest Company. They have started operations with a pipe manufacturing facility in March 1987. The Company now operates five segments Steel, Cotton, Investment and Infrastructure Development (IID), Energy and Hadeed (Billet) segment. The Shares are quoted on Pakistan Stock Exchange Limited.

The total shares of the Company introduced are 77,632,491. The Earnings per share has decreased in 2020 and is (0.22) which was 1.85 in 2019. Their Profit after Taxation has also decreased in 2020 and is (17,124,000) which was 143,476,000 in 2019.

Board Meeting Other Than Financial Results of Sardar Chemical Industries Limited

Karachi, Sardar Chemical Industries Limited informed Pakistan Stock Exchange that it was unanimously resolved by the directors that the Company should obtain loan from Directors to meet its working capital and other requirements at less than half percent of the prevailing bank lending markup rate.

“Sardar Chemical Industries Limited was established in 1989 as a Private Company and went into production in 1st January, 1993. The Company was floated on the Stock Exchanges in Pakistan in October, 1994.

Sardar Chemical Industries Limited is involved in the manufacture of various classes of dyestuffs producing Acid dyes, Direct dyes, Reactive dyes, and Optical Brightener for the Textile Industry.

The symbol “SARC” is being used by the stock exchanges for the Sardar Chemical Industries Limited.”