Financial results of Ghani Value Glass Limited for Quarter ended December 31, 2017

Financial Results

Karachi, Ghani Value Glass Limitedinformed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on February 26, 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. 12,135,015 with earnings per share 0.41 basic and diluted respectively.

Further, 10% payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from April15, 2018 to April22, 2018 (both days inclusive).

Ghani Value Glass Limited is a company incorporated in Pakistan on March, 17 1967 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is manufacturing and sale of silver and aluminum mirror tempered and double glazed glass. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Lahore.

The symbol “GVGL” is being used by the stock exchanges for the shares of Ghani Value Glass Limited.