Karachi, Nishat Chunian Power Limited informed Pakistan Stock Exchange that the Annual General Meeting of the company held on August 16, 2022, to inform all the shareholders of the company that Zakat will be deducted from the dividends at source under the Zakat and Usher Laws and will be deposited within the prescribed period with the relevant authority.
Nishat Chunian Power Limited is a public company limited by shares incorporated in Pakistan. The company is a subsidiary of Nishat Chunian Limited. The principal activity of the company is to build, own, operate and maintain a fuel fired power station. The company has a Power Purchase Agreement with its sole customer, National Transmission and Dispatch Company Limited (‘NTDCL’) for twenty five years.
The total number of shares are 367,346,939. The Earnings per share is 12.54 in 2020 which was 9.30 in 2019. The Profit After Taxation is 4,605,770,000 in 2020 which was 3,416,558,000 in 2019.