Karachi, Cyan Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on August 23, 2022.
The agenda of the meeting was discussion of Unconsolidated and consolidated profit and loss account for quarter ended June 30, 2022 which portrayed a loss of Rs. 333,081 with loss per share 4.12 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Cyan Limited is a Public Limited Company incorporated in Pakistan on April 23, 1960. The Company is a subsidiary of Dawood Corporation (Private) Limited and engaged in making equity investments in companies with high growth potential.
The total shares of the Company are 61,558,963. The Earnings per shares are 5.80 in 2020 which was 1.59 in 2019. Their Profit after Taxation is 357,282,000 in 2020 which was 97,942,000 in 2019.