Karachi, Al-Ghazi Tractors Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled held on May 17, 2022 at Karachi.
The agenda of the meeting will to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended December 31, 2021 together with the Directors and Auditors Reports thereon, to appoint auditors for the year ending December 31, 2021 and fix their remuneration and to transact any other business with the permission of the chair.
Al-Ghazi Tractors Limited was incorporated in Pakistan as a Public Limited Company in June 1983 and is quoted on the Pakistan Stock Exchange. Al-Ghazi Tractors Limited is principally engaged in the manufacturing and production of agricultural tractors, implements and spare parts. The company is a subsidiary of Al-Futtaim Industries Company LLC, U.A.E
The Company has the main plant in Dera Ghazi Khan and started the production in February 1984.
The Company has quoted its shares on the Pakistan Stock Exchange, and the symbol “AGTL” is being used for the shares of the Company
The total number of shares the company has issued so far are 57,964,201. Earnings Per Share has increased in 2020 and is 23.28 which was 16.87 in 2019. The Profit After Taxation in 2020 is 1,349,657,000 which was 977,652,000 in 2019.