Pakistan Company News

Extension in time for holding annual general meeting of Haleon Pakistan Limited

Karachi, Haleon Pakistan Limited informed Pakistan Stock Exchange that they have requested Securities & Exchange Commission of Pakistan for extension in time for holding annual review meeting of the company for the year ended December 31, 2022 upto May 30, 2023 i.e. 30 days.

Haleon Pakistan Limited formerly known as "GlaxoSmithKline Pakistan Limited" was created January 1st, 2001 through the merger of SmithKline and French of Pakistan Limited, Beecham Pakistan (Private) Limited and Glaxo Welcome (Pakistan) Limited and stands today as a pharmaceutical company in Pakistan.

GlaxoSmithKline Pakistan Limited is incorporated in Pakistan as a limited liability company and. It is engaged in manufacturing and marketing of research based ethical specialties and pharmaceutical products. The Company is a subsidiary of S.R. One International B.V., incorporated in Netherlands, whereas its ultimate parent company is GlaxoSmithKline Plc, UK (GSK Plc). GSK Pakistan operates mainly in two industry segments: Pharmaceuticals and consumer healthcare.

The share of the Company are 318,467,278. The Earnings per shares of the company is 10.60 in 2020 which was 9.55 in 2019. The profit after taxation is Rs. 3,375,240,000 in 2020 which was 3,041,123,000 in 2019.