Month: April 2022

Karachi, Power Cement Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held through video link on April 28, 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. 273,649 with loss per share 0.31 basic and diluted respectively.

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

Power Cement Limited was established as a private limited company on December 01, 1981 and was converted into a Public Limited Company on July 19, 1987. The Company’s principal activity is manufacturing, selling and marketing of cement. The registered office of the Company is situated at 23, Arif Habib Center, M. T. Khan Road, Karachi and its undertaking is situated at DehKaloKohar, Nooriabad Industrial Estate, District Dadu (Sindh).

The total numbers of shares are 1,063,414,434. The Earnings per share is (3.40) in 2020 which was 0.55 in 2019. The Profit After Taxation in 2020 is (3,616,452,000) which was 528,106,000 in 2019.

Karachi, Ghani Glass Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on April 28, 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. 1,917,875,883 with earnings per share 2.28 basic and diluted respectively.

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

Ghani Glass Limited was incorporated in Pakistan in 1992 as a limited liability company. The Company is engaged in the business of manufacturing and sale of glass containers and float glass.

Ghani Glass Limited is a company of Ghani Group; based in Pakistan with interests in containers glass and float glass, automobiles manufacturing/marketing and mining for silica sand, coal and rock salt. The group carries Over 50 Years of business experience in the local and International markets, especially in the glass sector. The company features seven modern glass plants in Pakistan producing container glass, float glass and value added glass with annual capacity of over 1,570 TPD.

The Company is listed on Pakistan Stock Exchange Limited. The shares of the company are 839,391,132. The Earnings per shares of the Company is 2.79 in 2020 which was 5.98 in 2019. Their Profit after Taxation is 1,513,075,000 in 2020 which was 3,143,520,000 in 2020.

Karachi, Azgard Nine Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on April 28, 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. 201,822,644 with earnings per share 0.41 basic and diluted respectively.

Further, 100% payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from May 09, 2022 to May 11, 2022 (both days inclusive).

The Company was incorporated in Pakistan on January 20, 1993, like a public limited company under the name ‘Indigo Denim Mills Limited’ and obtained a Certificate for Commencement of Business on January 27, 1994. The name was changed to ‘Legler-Nafees Denim Mills Limited’ on 28-02-1994 and subsequently to the present name i.e. ‘Azgard Nine Limited’ on April 07, 2004.

The Principal activities of the Company is composite Spinning, weaving dyeing and stitching unit engaged in the manufacturing of yarn, denim and denim products.

The company is listed on Pakistan Stock Exchange, and also the shares of it are quoted using “ANL” as symbol.

The total number of shares the company has issued are 485,409,731. Earning Per Share has decreased in 2020 and is (0.84) compared to 0.67 in 2019. The Profit After Taxation in 2020 has also decreased and is (389,449,000) which was 305,312,000 in 2019.

Karachi, Punjab Oil Mils Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Islamabad on April 28, 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. 61,054,444 with earnings per share 11.33 basic and diluted respectively.

Further, 100% payment of cash dividend, bonus shares and right shares was agreed.

Punjab Oil Mills was incorporated in Pakistan as a Public Limited Company. It is mainly engaged in manufacturing, and sale of Ghee, Cooking Oil, Specialty Fats, Laundry Soap, Mushroom and Coffee.

The total numbers or shares are 5,390,625. The Earnings per share is 15.62 in 2020 which was 19.92 in 2019. The Profit After Taxation of the Company is 84,178,000 in 2020 which was 107,378,000 in 2019.

Karachi, Ghani Value Glass Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on April 28, 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. 127,935,673 with earnings per share 1.99 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 May 12, 2022 to May 16, 2022 (both days inclusive).

Ghani Value Glass Limited was incorporated in Pakistan on March 17, 1967 as a Public Limited. The Company’s registered office is situated Model Town, Lahore and is producing a variety of value added glass including tempered glass, silver coating mirror, aluminum coating mirror and double glazing glass.

The total number of shares of the Company are 58,031,273. The Earnings per shares of the Company is 4.25 in 2020 which was 6.82 in 2019. Their Profit after Taxation is 230,177,000 in 2020 which was 350,127,000 in 2019.

Karachi, D M Textile Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Rawalpindi on April 28, 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. 1.414.629 with loss per share 0.46 basic and diluted respectively.

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

D.M. Textile Mills Limited, formerly D.M. Industries Limited, is a public limited company incorporated in Pakistan. The Company is engaged in the business of manufacturing, sale and trading of cotton, polyester, viscose and blended yarn.

The total number of shares of the Company is 3,052,400. The Earnings per share is 4.43 in 2020 which was (2.41) in 2019. The Profit after Taxation of the Company is 13,509,000 in 2020 which was (7,341,000) in 2019.

Karachi, Nagina Cotton Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on April 28, 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. 466,885,353 with earnings per share 25.07 basic and diluted respectively.

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

Nagina Cotton Mills Limited was incorporated in Pakistan on May 16, 1967 as a public limited company. The principal business of the Company is manufacture and sale of yarn.

The total numbers of shares are 18,700,000. The Earnings per share is 0.41 in 2020 which was 16.50 in 2019. The Profit after Taxation is 7,629,000 in 2020 which was 308,620,000 in 2019.

Karachi, Thal Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 28, 2022.

The agenda of the meeting was discussion of unconsolidated and consolidated profit and loss account for quarter ended March 31, 2022 which portrayed a profit of Rs. 1,337,889 and 1,998,492 with earnings per share 16.51 and 23.06 basic and diluted respectively.

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

Thal Limited was incorporated on January 31, 1966 as a public company limited by shares. The Company is engaged in the manufacture of jute goods, engineering goods, paper sack and laminate sheets.

Operating under the umbrella of the prestigious House of Habib Group, Thal Limited is engaged in six businesses and in the manufacturing of quality products serving a variety of segments. The Engineering segment is engaged in the manufacturing of automotive parts such as car air-conditioners, radiators, wiring systems and engine components while the Building Material and Allied product segment overlooks the Jute, Papersack and Laminate operations. Apart from these key operational areas, Thal Limited’s subsidiaries include renowned entities like Makro-Habib Pakistan Limited, Pakistan Industrial Aids (Private) Ltd, Noble Computer Services (Pvt) Limited and Thal Boshoku Pakistan (Pvt.) Ltd.

The total number of shares of the company are 81,029,917. The Earning per share is 23.04 in 2020 which was 38.93 in 2019. The Profit after tax is 1,867,158,000 in 2020 which was 3,154,665,000 in 2019.

Karachi, Masood Textile Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Faisalabad on April 28, 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. 519,268 with earnings per share 7.56 basic and diluted respectively.

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

Masood Textile Mills Limited is a public limited company incorporated. The main objects of the Company are manufacturing and sale of cotton/ synthetic fiber yarn, knitted / dyed fabrics and garments.

The total numbers of shares are 67,500,000. The Earnings per share is (61.75) in 2020 which was 19.24 in 2019. The Profit after Taxation of the Company is (4,120,279,000) in 2020 which was 1,332,408,000.

Karachi, Philip Morris Pakistan Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 28, 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. 1,149,832 with earnings per share 18.67 basic and diluted respectively.

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

Philip Morris Pakistan Limited was incorporated in Pakistan on February 10, 1969 as a public limited company. The principal activity of the Company is manufacturing and sale of cigarettes and tobacco products.

The total numbers of shares are 61,580,341. The Earnings per share is 16.76 in 2020 which was (32.15) in 2019. The Profit after Taxation is 1,764,848,000 in 2020 which was (1,979,999,000) in 2019.

Karachi, TPL Insurance Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 28, 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. 150,450,402 with earnings per share 0.76 basic and diluted respectively.

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

TPL Insurance Limited was incorporated in Pakistan in 1992 as a public limited company, to carry on general insurance business. The Company was allowed to work as Window Takaful Operator on 04 September 2014 by Securities and Exchange Commission of Pakistan (SECP) under SECP Takaful Rules, 2012 to carry on General Window Takaful Operations in Pakistan.

The total numbers of shares are 117,191,261. The Earnings per share is (0.54) in 2020 which was (1.14) in 2019. The Profit after Taxation of the Company is 39,788,000 in 2020 which was (107,158,000) in 2019.