Financial results of Al-Khair Gadoon Limited for Quarter ended December 31, 2017

Financial Results

Karachi, Al-Khair Gadoon Limitedinformed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on February 26, 2018.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2017 which portrayed a profit of Rs. 3,965,368 with earnings per share 0.59 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Al-Khair Gadoon Limited is a company incorporated in Pakistan. The Group started its path of prosperity in the year 1980 as a Limited Company with a small base and locally manufactured machinery. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is operating in the foam Industry in Pakistan. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchange of Pakistan. The registered office of the company is located in Lahore. All the operations of the company are managed by the Al-Khair Group of Companies.

The symbol “AKGL” is being used by the stock exchanges for the shares of Al-Khair Gadoon Limited.