Pakistan Company News

Board of directors meeting of Diamond Industries Limited

Karachi, Diamond Industries Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on September 29, 2022 at Lahore. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2022.

Further, the company has declared the closed period from September 22, 2022 to September 29, 2022.

Diamond Industries Limited was incorporated as a Private Limited Company on June 18, 1989 and converted into a Public Limited Company on August 3, 1994. It commenced its commercial production on November 11, 1989.

The principal activity is to manufacture and sell foam products and PVA products consumed in industry and domestically. The company at present has leased out its operations / manufacturing unit

The total numbers of shares are 9,000,000. The Earnings per share is 0.91 in 2020 which was (3.14) in 2019. The Profit after Taxation is 8,231,000 in 2020 which was (28,274,000) in 2019.