Karachi, Kohinoor Power Company Limited informed Pakistan Stock Exchange that Mr. M. Zeid Yousuf Saigol has been appointed as Chief Executive Officer of the Company for a term of three years with effect from November 10, 2022.
“Kohinoor Power Company Limited was incorporated in Pakistan on December 08, 1991 as a private limited company and subsequently converted into public limited company on May 10, 1992. The principal activity of the company is to generate and sell electric power.
KPCL is situated at 51-KM Multan Road, Lahore and Kohinoor Nagar, Faisalabad. The principle activities of the Company are to own, operate and maintain a furnace oil power station with the capacity of 15 MW. WAPDA is the sole customer of KPCL.
The total numbers of shares are 12,600,000. The Earnings per share is (0.98) in 2020 which was (1.12) in 2019. The Company had a loss of Rs. 12,369,000 in 2020 which was 14,161,000 in 2019.”