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 17, 2021.
The agenda of the meeting was discussion of profit and loss account for year ended June 30, 2021 which portrayed a profit of Rs. 3,762,718 with earnings per share 12.54 basic and diluted respectively.
Further, 30% payment of cash dividend, bonus shares and right shares was agreed.
Furthermore, the share transfer books of the company will remain closed from October 09, 2021 to October 16, 2021 (both days inclusive).
Good luck Industries Limited was incorporated in Pakistan on November 13, 1967. The status of the Company is Public Limited entity shares of which are listed on Pakistan Stock Exchange Limited, along with the symbol “GIL”. The main business line of the Company is milling of wheat. They produces flour items such as: Maida, Fine, Atta, and Bran.
The total number of Shares of the company are 300,000. The Earnings per shares of the company is 3.45 in 2020 which was 13.72 in 2019. The Profit after Taxation of the Company is 1,036,000 in 2020 which was 4,116,000 in 2019.