Karachi, Dandot Cement Company Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on November 05, 2019.
The agenda of the meeting was discussion of profit and loss account for Year ended June 30, 2019 which portrayed a profit of Rs. 624,544,679 with earnings per share 6.59 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 November 20, 2019 to November 27, 2019 (both days inclusive).
Dandot cement Company Limited is a public limited company incorporated in Pakistan. The company started its production on March 01, 1983 and has been engaged in production and marketing of cement.
The company is a subsidiary of Three Stars Cement Private Limited. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Lahore.
The manufacturing plant is situated at District Jhelum, Punjab. The installed capacity of plant was 1000 metric tons per day Clinker Production in 1994, it was optimized by F.L. Smidth, Denmark to 1600 TPD clinker production. The plant is composed of sound machinery and is capable of producing high quality cement at an economical cost for many years to come.
The symbol “DNCC” is being used by the stock exchanges for the shares of Dandot Cement Company Limited.