Karachi, Ghani Global Glass Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 28, 2020.
The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2019 which portrayed a profit of Rs. 3,623,655 with earnings per share 0.04 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
The Company was incorporated during October 2007 in the name of Ghani Tableware (Pvt) Limited. During July 2008 the company was converted into public company. During January 2009, name of the company was changed to GHANI GLOBAL GLASS LIMITED.
The company has been setting up a Brand New State-of-the-Art fully automated glass tubing manufacturing plant, f world’s top ranking European Brand. The installed capacity of the plant to produce international standard Glass Tubing up to 24 tons / per day.
Plant and machinery have been imported from world’s renowned manufacturers of glass manufacturing machinery from Italy, Japan, Germany, UK and China.
The symbol “GGGL” is being used by the stock exchanges for the shares Ghani Global Glass Limited.