Karachi, Jahangir Siddiqui and Company Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 29, 2019.
The agenda of the meeting was discussion of unconsolidated profit and loss account for quarter ended March 31, 2019 which portrayed a profit of Rs. 278,652 with earnings per share 0.30 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Jahangir Siddiqui and Co. Ltd. is a Pakistan-based holding company. The Company is engaged in the trading of securities, maintaining investments, consultancy services, underwriting, and others. The Company’s segments include capital market & brokerage, banking, investment advisor/ assets manager and others. The Company’s capital market & brokerage segment is engaged in trading of equity securities, maintaining and trading portfolios, and earning share brokerage and money market, forex and commodity brokerage. Its banking segment is engaged in providing investment and commercial banking. The Company’s investment advisor / assets manager segment provides investment advisory and asset management services to different mutual funds and unit trusts. The Company’s others segment includes telecommunication and information technology, underwriting and consultancy services, research and corporate finance and power generation activities.
The symbol “JSTFC6” is being used by the stock exchanges for the shares of Jahangir Siddiqui and Co. Ltd.