Karachi: Bestway Cement Limited, a leading entity in Pakistan's cement industry, concluded its annual general meeting with significant resolutions on August 15, 2025. The shareholders approved the audited financial statements for the fiscal year ending June 30, 2025. The approval comes as part of the company's standard financial oversight and governance practices.
During the meeting, the shareholders ratified a final cash dividend of Rs. 10 per share. This is in addition to the interim dividends amounting to 240% already disbursed for the same fiscal period. The decision underscores the company's commitment to rewarding its shareholders, reflecting its financial performance over the past year.
Additionally, the appointment of M/s A. F. Ferguson & Co., Chartered Accountants, as the auditors for the upcoming fiscal year was confirmed. This appointment is expected to provide continuity and stability in the company's financial auditing process. The remuneration terms for the auditors will be finalized by the Chief Executive Officer.
According to information available from the Pakistan Stock Exchange (PSX), Bestway Cement Limited's financial activities are closely monitored by investors and industry analysts, given its prominent market position. The cement sector remains a pivotal component of Pakistan's industrial landscape, contributing significantly to economic activities.
The resolutions passed in the meeting are indicative of Bestway Cement Limited's strategic direction and financial stewardship as it continues to navigate the market dynamics and shareholder expectations.