Financial results of Balochistan Particle Board Limited for Quarter ended December 31, 2017

Financial Results

Karachi, Balochistan Particle Board Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 21, 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. 147 with earnings per share 0.025 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 February 02, 2018 to February 02, 2018 (both days inclusive).

Balochistan Particle Board Limited is a public limited company incorporated in Pakistan. The manufacturing operations of Urea Formaldehyde continued to remain closed on account of prevailing adverse conditions. Company’s present business operations comprise of letting out part of its premises to third parties for purposes of storage and conduct commercial operations. The registered office of the company is located in Karachi. The factory is located in Baluchistan. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan.

The associated companies of the business are Bank Al Habib Limited, Greenshield Insurance Brokers Private Limited, Habib & Sons Private Limited, Habib Capital Management Private Limited, Habib Commercial Company Private Limited, Habib IT Solutions Private Limited, Habib Leasing Corporation Private Limited, Habib Mercantile Company Private Limited, Habib Sugar Mills Limited, Hasni Knitwear Private Limited, Hasni Textiles Private Limited, Investment Consultancy Private Limited, National Mercantile Company Private Limited and S.M.E. Leasing Limited.

The symbol “BPBL” is being used by the stock exchanges for the shares of Baluchistan Particle Board Limited.