Day: April 25, 2022

Karachi, ECOPACK Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held through video link on April 23, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2022 which portrayed a profit of Rs. 60,976 with earnings per share 1.45 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

ECOPACK Limited is a Public Limited Company was incorporated on 1984 in Pakistan and the principal business activity of the Company is manufacturing and sale of Polyethylene Terephthalate bottles and preforms for the market of Beverages and other liquid packaging industry.

The Company is the premier vendor for beverage and edible oil packaging such as Coca Cola and Pepsi Cola as well as Qarshi Industries, Murree Brewery, Gourmet Cola and Punjab Oil Mills amongst numerous others.

The number of shares the company has introduced are 38,148,948. The Earnings per share of the Company has decreased in 2020 and is (2.72) which was 1.96 in 2019. The Profit after taxation has also decreased in 2020 and is Rs (103,700,000) which was 74,811,000 in 2019.

Karachi, Kohinoor Energy Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on April 25, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2022 which portrayed a profit of Rs. 420,550 with earnings per share 2.48 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Kohinoor Energy Limited was incorporated in Pakistan on April 26, 1994 as a public limited company. The principal activities of the Company are to own, operate and maintain a power plant in Lahore and to sell the electricity produced therefrom to a sole customer, the Pakistan Water and Power Development Authority (WAPDA) under a Power Purchase Agreement (PPA).

KEL was jointly established by Saigols Group of Companies (a well-known multi-industrial group of Pakistan) and Toyota Tsusho Corporation (an eminent consortium of multi-industrial undertakings of Japan).

KEL is situated at 35-KM Link Manga Raiwind Road Lahore. It is one of the pioneer projects of Independent Power Producers in Pakistan. The principle activities of the Company is to own, operate and maintain a furnace oil power station with the net capacity of 124 MW (gross capacity 131.44 MW). WAPDA is the sole customer of KEL.

The total number of shares company has introduced are 169,458,614. The Earning per shares of the Company is 6.12 in 2020 which was 3.25 in 2019. Their Profit after tax was 1,036,658,000 in 2020 which was 551,477,000 in 2019.

Karachi, Shabbir Tiles and Ceramics Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 22, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2022 which portrayed a profit of Rs. 44,800 with earnings per share 0.19 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Shabbir Tiles and Ceramics Limited was incorporated in Pakistan as a public limited company. The Company is primarily engaged in the manufacture and sale of tiles and trading of allied building products.

The Company is also a member of Karachi Chamber of Commerce & Industry, All Pakistan Ceramics Tiles Manufacturers Association and Landhi Association of Trade & Industry. They had a wide range of sizes, colors, and designs in Porcelain and Ceramic tiles and other allied products, conforming to high-quality standards of durability and aesthetic values.

The Company is listed ok Pakistan Stock Exchange with the total numbers of shares that are 239,320,620. The Earnings per shares of the Company is (1.36) in 2020 which was 0.98 in 2019. The Profit After Taxation in 2020 is Rs. (325,774,000) which was 234,341,000 in 2019.

Karachi, Pakistan Paper Products Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 25, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2022 which portrayed a profit of Rs. 5,324,437 with earnings per share 0.67 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from April 09, 2022 to April 25, 2022 (both days inclusive).

Pakistan Paper Products Ltd came into existence in 1951. At that time, our newly founded country had to import all its paper products which were resulting in the drain of valuable foreign Exchange. Realizing the need of the times, Mr. Hashim B. Sayeed (Late), founder and former Chairman of Pakistan Paper Products Limited, armed with machinery and technical knowhow from Germany decided to set up a paper converting unit in Pakistan.

In 1962, Pakistan Paper Products became a Private Limited Company. In 1964, it became a Public Limited company and was quoted on the Karachi Stock exchange and till today it is one of the oldest listed companies at Pakistan Stock Exchange (PSX). The company is principally engaged in the production and sale of sensitized papers, pro-labels and exercise books.

The total number of shares is 8,000,000. The Earnings per share is 1.95 in 2020 which were 2.25 in 2019. The Profit after Taxation is 15,570,000 in 2020 which was 17,975,000 2019.

Karachi, Dewan Mushtaq Textile Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 25, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2022 which portrayed a loss of Rs. 13,448,165 with loss per share 1.16 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Dewan Mushtaq Textile Mills Limited was incorporated in Pakistan, as a public limited company on November 04, 1970. The Company is a part of Yousuf Dewan Group of Companies. The company’s principal activity is premium quality yarn manufacturing.

The total number of shares are 11,561,028. The Earnings per shares of the company is (9.00) in 2020 which was (11.50) in 2019. The Company had a loss of 104,012,000 in 2020. Which was 104,764,000 in 2019.

Karachi, Pakistan Stock Exchange Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 22, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2022 which portrayed a profit of Rs. 97,092 with earnings per share 0.12 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

The Pakistan Stock Exchange was incorporated as a Company Limited by Guarantee and was re-registered as a public company limited by shares on August 27, 2012.

The company is engaged in conducting, regulating, controlling trade or business of buying, selling and dealing in shares, scripts, participation term certificates, Moradabad certificates, stocks, bonds, debentures stock, government papers, loans and any other instruments and securities of like nature including but not limited to special national fund bonds, bearer national fund bonds, foreign exchange bearer certificates and documents of similar nature issued by the Government of Pakistan or any other agency authorized by Government of Pakistan.

The total numbers of shares 801,476,600. The Earnings per share is 0.24 in 2020 which was 0.11 in 2019. The Profit after taxation is 194,230,000 in 2020 which was 88,184,000 in 2019.

Karachi, Fateh Sports Wear Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Hyderabad on April 25, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2022 which portrayed a profit of Rs. 10,076,909 with earnings per share 5.04 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Fateh Sports Wear Limited was established and incorporated in 1984, as a public Limited Company. The business of company is to manufacture readymade garments for selling them locally as well as exporting.

The total number of shares of the Company are 2,000,000. The Earnings per shares of the Company is 316.64 in 2020 which was (9.37) in 2019. Their Profit after Taxation is 633,285,000 which was (18,745,000) in 2019.