Islamabad: Philip Morris (Pakistan) Limited has announced a board meeting to review the company's financial statements for the quarter ending September 30, 2024. The meeting is set to take place online via video link on October 28, 2024.

The main agenda for this meeting will be to consider the financial performance of the company for the past quarter. Following the meeting, the results will be communicated to the Pakistan Stock Exchange through PUCARS, ensuring compliance with market regulations.

According to information available from the Pakistan Stock Exchange (PSX), Philip Morris Pakistan has also declared a "Closed Period" from October 21, 2024, to October 28, 2024. During this time, the company's directors, the chief executive officer, substantial shareholders, and executives, including their spouses, are prohibited from dealing in the company's shares. This measure is in accordance with Clause 5.6.4 of the PSX Rule Book, designed to prevent insider trading.

This upcoming board meeting and the ensuing closed period are critical times for the company, as they will provide stakeholders and the market with significant insights into the company's financial health and future direction.