Appointment of Chief Financial Officer of Ismail Industries Limited

Karachi, Ismail Industries Limited informed Pakistan Stock Exchange that Mr. Ahmed Raza Parekh has been appointed as Chief Financial Officer of the company with effect from September 01, 2022.

Ismail Industries Limited was incorporated in Karachi, Pakistan as a private limited company on June 21, 1988.On November 01, 1989 the Company was converted into a public limited company. The principal activities of the Company are manufacturing and trading of sugar confectionery items, biscuits, potato chips, cast polypropylene (CPP) and Biaxially-oriented polyethylene terephthalate (BOPET) film under the brands of ‘CandyLand’, ‘Bisconni’, ‘Snackcity’ and ‘Astro films’ respectively.

The total number of shares are 66,356,940. The Earnings per share is 14.49 in 2020 which was 15.15 in 2019. The Profit after Taxation is 931,965,000 in 2020 which was 966,598,000 in 2019.