Karachi, Philip Morris (Pakistan) Limited, a leading tobacco manufacturing company, has scheduled a Board of Directors meeting to review the company's financial performance for the first half of the year.

The Board meeting is set to take place on August 15, 2023, and will be conducted online via video link. The main agenda of the meeting is to consider the half-yearly financial statements of the company for the period ending June 30, 2023. The results and outcomes of the meeting will be promptly communicated to the Pakistan Stock Exchange (PSX) through the Public Unlisted Companies Automated Reporting System (PUCARS).

In line with regulatory requirements, Philip Morris (Pakistan) Limited has declared a “Closed Period” starting from August 8, 2023, and extending until August 15, 2023, inclusive. During this period, which encompasses the period leading up to the announcement of the financial results, various company stakeholders are prohibited from trading in the company's shares. This restriction includes the Directors, Chief Executive Officer, substantial Shareholders, and Executives of the company, as well as their spouses.

The company's adherence to these regulations underscores its commitment to maintaining transparency, fair trading practices, and the highest standards of corporate governance. Philip Morris (Pakistan) Limited remains dedicated to providing timely and accurate financial information to its shareholders and the broader market.