Karachi, Ghandhara Industries Limitedinformed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 24, 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. 450,373 with earnings per share 21.14 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Ghandhara Industries Limited is a company incorporated in Pakistan as a public limited company on February 23, 1963. The foundations of the company are laid under the postulates of the Companies Ordinance, 1984. The principal activity of the company is assembly and progressive manufacturing of Isuzu Trucks and Buses. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the Company is situated at Karachi.
The symbol “GHNI” is being used by the stock exchange for the shares of Ghandhara Industries Limited.