Day: April 11, 2022

Karachi, Unilever Pakistan Foods Limited informed Pakistan Stock Exchange that the resolution were passed by the shareholders of the company at the Annual General Meeting held on April 08, 2022.

Resolved that the Audited Financial Statements of the Company for the year 1 January 2021 to 31 December 2021, together with the Reports of the Auditors and Directors, now submitted, are hereby received and adopted.”

The Company is a limited liability company incorporated in Pakistan and is listed on the Pakistan Stock Exchange. It manufactures and sells consumer and commercial food products under brand names of Rafhan, Knorr, Energile, Glaxose-D and Food Solutions. The Company is a subsidiary of Conopco Inc. USA, whereas its ultimate parent Company is Unilever PLC United Kingdom.

The total number of shares are 6,369,932. The Earning per share is 602.42 in 2020 which was 385.08 in 2019. The Profit after Tax is 3,837,412,000 in 2020 which was 2,452,938,000 in 2019.

Karachi, SME Leasing Limited informed Pakistan Stock Exchange that Annual Report of the Company for the year ended December 31, 2021 have been transmitted through PUCARS and is also available on Company’s website.

SME Leasing Limited was incorporated as an unlisted public limited company on July 12, 2005. The company, while a still remains a subsidiary of SME Bank Limited has now become a listed Company on Pakistan Stock Exchange. The core Objective of the Company is to extend Lease and Working Capital financing facilities to small and medium enterprises of the country.

The Company was granted the Certificate for commencement of business on January 28, 2003 and under an arrangement with SME Bank Limited, the assets and liabilities of the leasing division of SME Bank Limited were transfer to the Company on January 31, 2003.

The objective for forming SMEL is to contribute monetarily, as much as possible, towards the economics growth of the country and at the same time bringing about cultural change in the uplift of the SME sector by providing client-specific financing facilities.

The Company primarily concentrates on SME sector with a vision to enhance their assets and technology capabilities. it provides a window to the SMEs with one of the largest branch networks in Pakistan. Currently the company has eight branches operating in the major cities of the country.

The symbol “SLL” is being used by the stock exchanges for the shares of SME Leasing Limited.

Karachi, Shahzad Textile Mills Limited informed Pakistan Stock Exchange that Mr. Imran slam has been re-appointed as Chief Executive and Mian Parvez Aslam as Chairman of the company with effect from April 11, 2022.

Shahzad Textile Mills Limited was incorporated in 1978. The Company is domiciled in Pakistan and principle business of the Company is to manufacture and deal in all types of yarn.

The total numbers of shares are 17,971,372. The Earnings per share is 2.54 in 2020 which was 7.27 in 2019. The Profit after Taxation is 45,602,000 in 2020 which was 130,726,000 in 2019.

Karachi, First Punjab Modaraba informed Pakistan Stock Exchange that the certificate Transfer Books shall remain closed from April 22, 2022 to April 29, 2022 (both days inclusive), for the purpose of attending Annual Review Meeting.

FPM was established on July 14, 1992 under Modaraba Companies and Modaraba (Floatation and Control). The Modaraba is a perpetual and multi-dimensional Modaraba and is primarily engaged in the business of Musharikah Financing, Ijarah Financing and other related business in accordance with the injunctions of Islam.

The total number of shares are 34,020,000. The Earnings per share is (1.63) in 2020 which was 0.18 in 2019. The Profit after Taxation of the Company is (55,311,000) in 2020 which was 6,225,000 in 2019.

Karachi, Ghandhara Nissan Limited informed Pakistan Stock Exchange about transaction of shares of the company. 500 shares @ Rs. 62.45 per share were bought from the market on March 28, 2022 and 500 shares @ Rs. 66.51 per share were bought from the market on March 29, 2022 through CDC.

Ghandhara Nissan Limited was incorporated on August 8, 1981 in Pakistan as a private limited company and subsequently converted into a public limited company on May 24, 1992. The principal business of the Holding Company is assembly / progressive manufacturing of vehicles including JAC Trucks, import and sale of Nissan, Dongfeng and Renault vehicles in Completely Built-up condition and assembly of other vehicles under contract agreement. The Company is a subsidiary of Bibojee Services (Private) Limited.

The registered office of the Company is situated at F-3, Hub Chowki Road, S.I.T.E., and Karachi. Its manufacturing facilities are located at Port Qasim, Karachi and regional offices in Lahore and Rawalpindi. The Company’s shares are listed on Pakistan Stock Exchange Limited.

The total numbers of shares are 57,002,500. The Earnings per share is (3.62) in 2020 which was (0.51) in 2019. The Company had a loss of Rs. 206,623,000 in 2020 which was 28,806,000 in 2019.

Karachi, Progressive Insurance Company Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on April 28, 2022 at Karachi.

The agenda of the meeting will be confirming the minutes of Annual General Meeting held on April 24, 2021, to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended December 31, 2021 together with the Directors and Auditors Reports thereon, to appoint auditors for the year ending December 31, 2021 and fix their remuneration and to transact any other business with the permission of the chair.

Further, the closed period of the company is from April 22, 2022 to April 28, 2022 (both days inclusive).

Progressive Insurance was incorporated as a Public Limited Company in ᦇ. The company is engaged in providing general insurance services in shape of fire, marine, motor and miscellaneous.

The total numbers of shares are 8,500,000. The Earnings per share is (0.11) in 2020 which was (0.11) in 2019. The Company had a loss of Rs. 2,227,000 in 2020 which was 2,062,000 in 2019.

Karachi, Murree Brewery Company Limited informed Pakistan Stock Exchange that Mr. Malik Saqib Gul has been appointed as Acting Chief Financial Officer of the company with effect from April 09, 2022 in place of Mr. Mazhar Iqbal.

Murree Brewery Company Limited was incorporated in 1861, is a large size public limited company in Pakistan. The Company is principally engaged in the manufacturing of alcoholic beer, Pakistan Made Foreign Liquor (PMFL), nonalcoholic beer, aerated water (non-alcoholic products), juices and food products, mineral water, glass bottles and jars. The Company is presently operating three divisions namely Liquor, Tops and Glass to carry out its principal activities.

The total number of shares are 27,663,631. The Earnings per share is 24.61 in 2020 which was 44.21 in 2019. The Profit After Taxation is 681,728,000 in 2020 which was 1,222,938,000 in 2019.

Karachi, Engro Powergen Qadirpur Limited informed Pakistan Stock Exchange that Ms. Sameen Asad has resigned from the position of Company Secretary of the company with effect from April 11, 2022.

Engro Powergen Qadirpur Limited is a public listed company, incorporated in Pakistan. The Company is a subsidiary of Engro Energy Limited, which is a wholly owned subsidiary of Engro Corporation Limited. Engro Corporation Limited is a subsidiary of Dawood Hercules Corporation Limited (the Ultimate Parent Company).

The Company was established with the primary objective to undertake the business of power generation and sale. Engro Energy Limited owns and operates Engro Powergen Qadirpur Limited, a 217 MW combined cycle power plant and the first green facility in Pakistan to utilize permeate gas for reduced carbon emissions. Under this project, a gas turbine of 127 MW (GE) and a steam turbine of 100 MW (GE) have been installed.

The total numbers of shares are 323,800,000. The Earnings per share is 6.42 in 2020 which was 10.51 in 2019. The Profit after Taxation is 2,109,320,000 in 2020 which was 3,402,682,000 in 2019.

Karachi, The United Insurance Company of Pakistan Limited informed Pakistan Stock Exchange that the corporate briefing session of the Company will be held on April 23, 2022 through video link, to brief the analysts/investors/shareholders about the company’s financial performance and future outlook.

The United Insurance Company of Pakistan Limited was incorporated on October 20, 1959, in Pakistan as a Public Limited Company. The principal activity of the Company is General Insurance Business and it qualifies as a domestic insurance company under the Insurance Ordinance, 2000 and undertakes Fire & Property Damage, Marine Aviation & Transport, Motor, Crop and Miscellaneous General Insurance.

The Company has been allowed to carry on Window Takaful Operation on August 18, 2014 by the Securities and Exchange Commission of Pakistan (SECP) under the Takaful Rules, 2012. The Company has not transacted any insurance business outside Pakistan.

The total number of shares are 295,000,044. The Earning per share is 1.41 in 2020 which was 1.54 in 2019. The Profit after tax is 414,555,000 in 2020 which was 401,591,000 in 2019.

Karachi, JS Investments Limited informed Pakistan Stock Exchange that the resolution passed and adopted by the shareholders of the company in the Annual General Meeting of the company held on April 11, 2022 at Karachi.

JS Investments Limited was incorporated in Pakistan on February 22, 1995. The company is a subsidiary of JS Bank Limited which is a subsidiary of JSCL (Jahangir Siddiqui & Co. Limited), Ultimate Parent. The company is engaged in asset management and pension fund management.

JS Investments Limited (JSIL) (est. 1995) is the private sector Asset Management Company in Pakistan. JSIL offers a wide range of investment products including mutual funds, voluntary pension schemes, and Separately Managed Accounts (SMAs) to cater to the needs of individual and institutional investors. The company has played a key role in defining the standards of Asset Management industry in Pakistan.

The total number of shares of the Company is 61,774,256. The Earning per shares are (0.64) in 2020 which was (1.17) in 2019. The Company had a loss of 39,801,000 in 2020 which was 86,645,000 in 2019.

Karachi, Indus Motor Company Limited informed Pakistan Stock Exchange about transaction of shares of the company. 551 shares @ Rs. 1317.24 per share were bought from the market on March 16, 2022 through CDC.

Indus Motor Company Limited was incorporated in Pakistan as a public limited company in December 1989 and started commercial production in May 1989. The Company was formed in accordance with the terms of a Joint Venture agreement concluded amongst certain House of Habib companies, Toyota Motor Corporation and Toyota Tsusho Corporation for the purposes of assembling, progressive manufacturing and marketing of Toyota vehicles. The Company also acts as the sole distributor of Toyota and Daihatsu vehicles in Pakistan and has a license for assembling, progressive manufacturing and marketing of these vehicles in Pakistan.

Indus Motor Company Limited’s manufacturing facility and offices are located at a 107 acre site in Port Qasim, Karachi. The product is delivered to end customers nationwide through a strong network of 50 independent 3S Dealerships spread across the country.

The total number of shares of the Company are 78,600,000. The Earnings per shares is 64.66 in 2020 which was 174.49 in 2019. The profit after taxation in 2020 is 5,082,027,000 which was 13,714,975,000 in 2019.