Karachi, Dynea Pakistan Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on October 23, 2018.
The agenda of the meeting was discussion of profit and loss account for quarter ended September 30, 2018 which portrayed a profit of Rs. 27,972 with earnings per share 1.48 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Dynea Pakistan Limited was incorporated in Pakistan on June 20, 1982 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The company is engaged in the manufacturing of formaldehyde, urea/melamine formaldehyde and aminoplast compound. The stocks of the company are quoted on the Karachi and Lahore stock exchanges in Pakistan. The registered office of the company is located at Karachi.
The associated companies are Shabbir Tiles Ceramics Limited and Agriauto Industries Limited.
The symbol “DYNO” is being used by the stock exchanges for the shares of Dynea Pakistan Limited.