Karachi, Haleon Pakistan Limited, a prominent entity in its industry, convened a Board of Directors meeting on August 22, 2023, in Karachi, along with a virtual presence, to deliberate on key matters and share vital financial updates.

The company announced its recommendations stemming from the meeting, comprising the following crucial decisions:

1. Cash Dividend: The board decided on a nil cash dividend distribution.

2. Bonus Shares: Similar to cash dividends, no bonus shares were recommended by the board.

The meeting witnessed an in-depth review of the company's financial performance, revealing the following figures:

Half Year Ended June 30, 2023:

Revenue from contracts with customers - net: Rs. 15,662,429,000

Cost of sales: Rs. (12,787,468,000)

Gross profit: Rs. 2,874,961,000

Operating profit: Rs. 951,770,000

Profit before taxation: Rs. 726,176,000

Net profit for the period: Rs. 313,064,000

Earnings per share: Rs. 2.67

Quarter Ended June 30, 2023:

Revenue from contracts with customers - net: Rs. 7,841,482,000

Cost of sales: Rs. (6,618,374,000)

Gross profit: Rs. 1,223,108,000

Operating profit: Rs. 249,616,000

Profit before taxation: Rs. 258,072,000

Net profit for the period: Rs. 9,925,000

Earnings per share: Rs. 0.08

The board meeting showcased Haleon Pakistan Limited's commitment to transparency and open communication with its stakeholders. By disclosing the financial results and recommendations, the company ensured that its shareholders and investors are well-informed about its current financial position and strategic decisions.

Haleon Pakistan Limited's dedication to responsible governance and insightful communication with stakeholders reaffirms its position as a forward-looking and reliable entity within the industry.