Karachi, 786 Investment Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on September 26, 2022.
The agenda of the meeting was discussion of profit and loss account for Year ended June 30, 2022 which portrayed a profit of Rs. 792,288 with earnings per share 0.05 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Furthermore, the share transfer books of the company will remain closed from October 15, 2022 to October 22, 2022 (both days inclusive).
“786 Investments Limited, the Company was incorporated on September 18, 1990 as a public limited Company in Pakistan. The Company has changed its name to 786 Investments Limited with effect from January 20, 2017 after completing regulatory formalities. Mutual Funds, Saving Funds, Wealth Management are the Business Areas of the Company.
The total shares of the Company are 14,973,750. The Earnings per shares of the company 0.19 in 2020. Which was (2.89) in 2019. Their Profit after Taxation is 2,825,000 in 2020 which was (43,208,000) in 2019.”