Karachi, Good luck Industries Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on September 12, 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. 4,115,664 with earnings per share 13.72 basic and diluted respectively.
Further, 33.50% payment of cash dividend, bonus shares and right shares was agreed.
Furthermore, the share transfer books of the company will remain closed from October 01, 2019 to October 08, 2019 (both days inclusive).
Good luck Industries Limited is a company incorporated in Pakistan founded in 1984. The foundations of the company are laid under the Companies Ordinance, 1984. The company is principally engaged in the manufacturing of all kind of quality rubber processing machineries and has experience in mould manufacturing and rubber moulding technology. The products of the company include Calendar Machine, Compression Moulding Press, Cold Feed Extruder, Dispersion Rubber Keder, Hand Presses, Laboratory Machine, Rubber Bale Cutting Machine, Rubber Extruding Machine, Rubber Mixing Mill, Vacuum Press and Vulcaniser. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located at Karachi.
The symbol “GIL” is being used by the stock exchanges for the shares of Good luck Industries Limited.