Day: February 23, 2022

Karachi, Mahmood Textile Mills Limited informed Pakistan Stock Exchange that Mr. Yasir Ghaffar has been appointed as Chief Financial Officer of the company with effect from January 31, 2022 in place of MR. Muhammad Amin Pal.

Mahmood Textile Mills Limited is a fully integrated organization. The company’s shares are quoted on Stock Exchange. The company’s registered Head Office is located at Mehr Manzil Lohari Gate Multan. The company’s mills are situated at Mahmoodabad, Multan Road, Muzaffargarh, and Masoodabad, D.G. Khan Road, Muzaffargarh.

The symbol “MEHT” is being used by the stock exchange for Mahmood Textile Mills Limited.

Karachi, First UDL Modaraba informed Pakistan Stock Exchange that the transfer books will be closed from March 08, 2022 to March 10, 2022 (both days inclusive).

UDL Group began its operation several generations ago in 1887 and became distributors of W.D & H.O. Wills cigarettes in undivided India, to begin with. After partition of the sub-continent, several offices were established in major cities of Pakistan. Over decades since 1947, many multinationals and large Pakistani companies have held business relationships with the group. In the early 90’s the ownership and management of the group was divided into two sub-groups, within the family and once again in 2010. This part of the UDL Group is currently engaged into Islamic financing activities.

First UDL Modaraba was formed in 1991 and is managed by UDL Modaraba Management (Private) Limited. It is a perpetual, multipurpose and multidimensional Modaraba and is engaged in providing finance on Murabaha and Musharaka arrangements, Ijarah, commodity trading, manufacturing and trading of pharmaceutical products.

The total number of shares are 35,120,564. The Earnings per share is (0.09) in 2020 which was (1.71) in 2019. The Total Income of the Company is 38,296,000 in 2020 which was 34,464,000 in 2019.

Karachi, Flying Cement Company Limited informed Pakistan Stock Exchange that the unpaid rights have been credited into their respective CDS accounts in the ratio of 75.9878 ordinary shares for every 100 ordinary shares held in their names as at close of business of February 10, 2022.

Flying Cement Company Limited formerly known as Zaman Cement Company Limited was incorporated in December 1992 as a public limited company.

The factory is located in Mangowal, District Khushab, in the heart of Punjab Province, it comprises of land in excess of 121 acres. The company has a single kiln having an installed capacity of 2000 tons per day of cement using the latest dry process technology and a rated capacity of 600,000 metric tons of cement per annum.

The Company’s main business activity is manufacturing, marketing and sale of cement. The Company is listed Pakistan Stock Exchange Limited and the shares of the company are 376,000,000. The Earnings per shares of the Company is (3.02) in 2020 which was 0.81 in 2019. Their Profit after Taxation is (530,720,000) in 2020 which was 142,362,000 in 2019.

Karachi, Mehran Sugar Mills Limited informed Pakistan Stock Exchange that the share certificates in respect of Bonus Shares announced on January 28, 2022 have been credited to their respective accounts in the Central Depository System of Central Depository Company of Pakistan Limited on February 04, 2022.

Mehran Sugar Mills Limited was incorporated in Pakistan as a public limited company in December 1965. The Company is principally engaged in the manufacturing and sale of sugar and its by-products.

Mehran Sugar Mills Limited is engaged in manufacturing and marketing of white refined cane sugar and brown sugar while utilizing its by-products such as Molasses and Baggasse to produce ethanol and power respectively.

The total numbers of shares are 48,927,572. The Earnings per share is 1.01 in 2020 which was 8.67 in 2019. The Profit after Taxation is 47,027,000 in 2020 which was 403,834,000 in 2019.

Karachi, BIPL Securities Limited informed Pakistan Stock Exchange that Mr. Khalid Mehmood has been appointed as Director of the company with effect from February 22, 2022 in place of Mr. Muhammad Hafeezuddin Asif.

BIPL Securities Limited was incorporated in Pakistan on October 24, 2000. BIPL Direct is the retail brokerage arm of BIPL Securities Ltd. that caters to the diverse needs of equity investors around the globe. BIPL Direct started its operation in 2004

The Company is a subsidiary of BankIslami Pakistan Limited, and is a TREC holder of the Pakistan Stock Exchange Limited and Corporate member of Pakistan Mercantile Exchange Limited. The Company is principally engaged in the business of stocks, money market, foreign exchange and commodity broking.

The number of shares the company has introduced are 100,000,000. The Earnings per share has increased in 2020 and is 0.94 compare to (0.12) in 2019. The profit after taxation in 2020 is 94,000,000 which was (11,941,000) in 2019.

Karachi, Sazgar Engineering Works Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended December 31, 2021 have been transmitted through PUCARS and is also available on Company’s website.

Sazgar Engineering Works Limited was incorporated on 21st September 1991 as a Private Limited Company and later converted into a Public Limited Company on the 21st of November 1994. The Company is engaged in the manufacture and sale of automobiles, automotive parts and household electric appliances.

Sazgar is a premier manufacturer of CNG 4 Stroke Auto Rickshaw (3 Wheelers) and Automotive Wheel Rims. With manufacturing facilities based in Pakistan and a Global Dealer Network, Sazgar is leading the market in Pakistan and also exporting to international markets.

The total number of shares of the Company are 46,496,893. The Earnings per share is 0.96 in 2020 which was 3.04 in 2019. The Profit After Taxation is 27,634,000 in 2020 which was 81,997,000 in 2019.

Karachi, First Dawood Investment Bank Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended December 31, 2021 have been transmitted through PUCARS and is also available on Company’s website.

First Dawood Investment Bank Limited was incorporated on June 22, 1994. First Dawood Investment Bank Limited was incorporated in Pakistan, as Dawood Leasing Company Limited. The company had obtained the licenses for Leasing Business and Investment and Finance Services from the Securities and Exchange Commission of Pakistan (SECP).

The total number of shares are 148,390,023. The Earnings per share is (0.43) in 2020 which was 0.20 in 2019. The Profit after Taxation of the Company is (63,409,000) in 2020 which was 29,336,000 in 2019.

Karachi, Altern Energy Limited informed Pakistan Stock Exchange about transaction of shares of the company. 500 shares @ Rs. 20.89 per share were bought from the market on February 22, 2022 through CDC.

Altern Energy Limited was incorporated in Pakistan as a listed public company limited. The Company is subsidiary of Descon Engineering Limited.

The objective of the Company is to generate and supply electric power to the Water and Power Development Authority of Pakistan (WAPDA) from its thermal power plant having a gross capacity of 32 Mega Watts (June 30, 2016 : 32 Mega Watts). The Company also holds direct and indirect investments in other companies engaged in power sector. The registered office of the Company is situated at Descon Headquarters, 18 km, Ferozepur Road, Lahore.

The Shares of the Company are quoted on Pakistan Stock Exchange, and the symbol “ALTN” is being used for the shares of the Company.

The total number of shares the company has issued are 363,380,000. Earning Per Share has increased in 2020 and is 4.65 which was 2.63 in 2019. The Profit After Taxation in 2020 is 1,689,621,000 which was 954,822,000 in 2019.

Karachi, Millat Tractors Limited informed Pakistan Stock Exchange that Mr. Qaiser Saleem has been appointed as Director of the company with effect from February 23, 2022 in place of Mr. Muhammad Saleem.

Millat Tractors Limited is a public interest company, was incorporated on June 08, 1964. The Company is engaged in assembly and manufacturing of agricultural Tractors, Implements and Multi-application products. The Company is also involved in the sale, implementation and support of IFS applications in Pakistan.

The total number of shares of the Company are 56,057,751. The Earnings per share of the Company is 43.16 in 2020 which was 73.01 in 2019. The Profit After Taxation is 2,150,548,000 in 2020 which was 3,638,045,000 in 2019.