Karachi, Ghani Value Glass Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on April 28, 2022.
The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2022 which portrayed a profit of Rs. 127,935,673 with earnings per share 1.99 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 May 12, 2022 to May 16, 2022 (both days inclusive).
Ghani Value Glass Limited was incorporated in Pakistan on March 17, 1967 as a Public Limited. The Company’s registered office is situated Model Town, Lahore and is producing a variety of value added glass including tempered glass, silver coating mirror, aluminum coating mirror and double glazing glass.
The total number of shares of the Company are 58,031,273. The Earnings per shares of the Company is 4.25 in 2020 which was 6.82 in 2019. Their Profit after Taxation is 230,177,000 in 2020 which was 350,127,000 in 2019.