Corporate Briefing Session of Pak Agro Packaging Limited

Karachi, Pak Agro Packaging Limited informed Pakistan Stock Exchange that Corporate Briefing Session of the Company will be held on January 04, 2023 at Islamabad, to brief the investors/analysts about Company Financial Performance and Outlook for the year ended June 30, 2022.

Pak Agro Packaging Ltd is engaged in manufacturing of agricultural textile products specifically for use by farmers.

Appointment of Acting Chief Financial Officer of Berger Paints Pakistan Limited

Karachi, Berger Paints Pakistan Limited informed Pakistan Stock Exchange that Mr. Nauman Afzal has been appointed as acting Chief Financial Officer of the Company with effect from December 26, 2022 in place of Mr. Abdul Wahid Qureshi.

Berger Paints Pakistan Limited was incorporated in Pakistan on 25 March 1950 as a Private Limited Company and then subsequently became a public limited company in 1974, when 49.38% of its shares were acquired by Pakistani investors, while the remaining 50.62% were held by U.K. parent company, Jenson & Nicholson Limited. In 1991 Slot rapid Limited, a U.K. based company with diversified business interests, acquiring control of Berger Paints Pakistan Limited by gaining 50.62% shares of the company. In 2006, Berger established manufacturing facility in Lahore. The company has regional offices in Karachi, Lahore, Islamabad and Territorial Offices in Gujranwala, Multan, Faisalabad, Peshawar and Hyderabad.

The principle business activity of the Company is manufacturing and trading of paints, varnishes and other related items. The shares of the Company are quoted on Pakistan Stock Exchange and used the symbol “BERG” for the shares of the Company.

The number of shares the company has introduced are 20,459,710. The Earnings per shares has decreased in 2020 and is 3.63 whereas in 2019 it was 4.93. The profit after taxation in 2020 is 74,307,000 which was 100,825,000 in 2019.

Financial results of Sakrand Sugar Mills Limited for Quarter ended June 30, 2022

Karachi, Sakrand Sugar Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on December 23, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended June 30, 2022 which portrayed a loss of Rs. 129,216 with loss per share 2.90 basic and diluted respectively.

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

Sakrand Sugar Mills Limited was incorporated in Pakistan as a Public Limited Company on March 02,1989. The principal business of the company is to manufacture and sell white sugar.

The company is listed on Pakistan Stock Exchange and the total numbers of shares of the Company are 44,616,000. The Earnings per shares of the Company was (13.43) in 2020 which was 3.51 in 2019. Their Profit after Tax was (599,246,000) in 2020 which was 156,649,000 in 2019.

Corporate Briefing Session of Adamjee Insurance Company Limited

Karachi, Adamjee Insurance Company Limited informed Pakistan Stock Exchange that Corporate Briefing Session of the Company will be held on December 30, 2022 at Lahore, to brief the investors/analysts about Company Financial Performance and Outlook for the year ended December 31, 2021.

Adamjee Insurance Company Limited is the general insurance company of Pakistan, and was incorporated as a Public Limited Company on September 28, 1960. The Company is listed on Pakistan Stock Exchange Limited and also has regional presence in United Arab Emirates.

The Company is principally engaged in the general insurance business comprising fire and property, marine, motor, accident, health and miscellaneous. The shares of the Company are listed on Pakistan Stock Exchange.

The total number of shares the company has issued are 350,000,000 where the Earnings Per Share in 2020 is 5.36 which was 5.18 in 2019. The Profit After Taxation has also increased in 2020 and is 1,875,506,000 which was 1,812,975,000 in 2019.

Transmission of Quarterly Report for the Period Ended June 30, 2022 of Sakrand Sugar Mills Limited

Karachi, Sakrand Sugar Mills Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended June 30, 2022 have been transmitted through PUCARS and is also available on Company’s website.

Sakrand Sugar Mills Limited was incorporated in Pakistan as a Public Limited Company on March 02, 1989. The principal business of the company is to manufacture and sell white sugar.

The company is listed on Pakistan Stock Exchange and the total numbers of shares of the Company are 44,616,000. The Earnings per shares of the Company was (13.43) in 2020 which was 3.51 in 2019. Their Profit after Tax was (599,246,000) in 2020 which was 156,649,000 in 2019.

2022 Asia Roundtable Summit on Green Low-carbon Development Is Successfully Held 

YANTAI, China, Dec. 26, 2022 /PRNewswire/ — On December 20, the 2022 Asia Roundtable Summit on Green Low-carbon Development hosted by the China Smart Energy Industry Alliance was successfully held online. Nine guests, including Mr. Moin ul Haque, the Ambassador of the Islamic Republic of Pakistan to China, Mr. Tuvshin Badral, the Mongolian Business Representative and Counselor to China, Almas Chukin, the General Manager of Visor Kazakhstan and Kazakh Economist, Yahaya Berakhtali, the Consultant and Former CEO of EUAS International ICC, Kin Phea, the Director of the International Relations Institute at the Royal Academy of Cambodia, Hartanto Wibowo, the Director of Corporate Planning and Business Development of PT PLN, Li Baoqing, the Manager of State Power Investment Group Co., Ltd and the director of the Working Committee, Gou Wei, the Deputy General Manager of China Huadian Corporation and Yao Qiang, the Director of the Science and Technology Committee of PowerChina, jointly carried out in-depth discussions around the topic of “innovative achievements and experiences in green and low-carbon development in Asia”. An Fengquan, the Special Adviser to the Director of the IEA, presided over the summit.

The summit, with the aim of giving full play to the efforts of the governments, enterprises, research institutions and relevant parties in Asian countries, is to build a platform for friendly consultation, exchange and dialogue for joint discussions on important issues such as establishment of green growth model, carbon emission reduction goals, smart energy development and green technology cooperation in order reach consensus in deepening diversified cooperation in green industries and continue to consolidate the achievements of systematic green energy governance, contributing more to joint construction of an Asia-Pacific community of common destiny.

As an important outcome of the Roundtable Summit, nearly 30 representatives from Kazakhstan, Türkiye, Cambodia, China and other countries and regions signed and issued the Building a Green and Low-carbon Planet: Asia Green and Low-carbon Development Initiative, which calls on Asian countries to build consensus and deepen cooperation in such areas as transforming the global energy system, sharing and exchanging clean energy technologies, and creating zero-carbon technological solutions, in a bid to further advance human civilization and transform their economic and social development modes into green and low-carbon ones, and jointly build a “green and low-carbon planet”.

Video – https://mma.prnewswire.com/media/1974152/Video.mp4