Karachi, Pakistan Synthetics Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on February 24, 2023 at Karachi. The agenda of the meeting shall be consideration of half yearly accounts for the period ended December 31, 2022.
Further, the closed period of the company shall be from February 17, 2023 to February 24, 2023 (both days inclusive).
“Pakistan Synthetic Limited was incorporated on 18 November 1984 as a private limited company in Pakistan and subsequently converted into a public limited company on 30 December 1987. The principal activity of the company is manufacturing and sale of plastic caps and crown caps, PET Perform, PET Resin and BOPET Resin.
The total numbers of shares are 84,060,000. The Earnings per share is (1.39) in 2020 which was (2.18) in 2019. The Company had a loss of Rs. 99,043,000 in 2020 which was 123,901,000 in 2019.”