Karachi, Al-Shaheer Corporation Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on March 04, 2022.
The agenda of the meeting was discussion of consolidated and unconsolidated profit and loss account for Quarter ended December 31, 2021 which portrayed a loss of Rs. 157,626 and 157, 622 with loss per share 0.53 and 0.53 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Al Shaheer Corporation Limited was incorporated on June 30, 2012. The Company is engaged in trading of different kinds of halal meat including goat, cow, chicken and fish, both for export market and local sales through chain of retail stores.
The company went public in 2015 and is now listed on the Stock Exchange. The total numbers of shares are 299,938,830. The Earnings per share is 1.01 in 2020 which was 1.12 in 2019. The Profit after Taxation of the Company is 172,775,000 in 2020 which was 190,931,000 in 2019.