Karachi, Maple Leaf Cement Factory Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on October 17, 2022.
The agenda of the meeting was discussion of consolidated and unconsolidated profit and loss account for quarter ended June 30, 2022 which portrayed a profit of Rs. 1,378,211 and Rs. 1,210,124 with earnings per share 1.28 and 1.13 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Maple Leaf Cement Factory Limited was incorporated in Pakistan on 13 April 1960, as a public company limited by shares. The principal activity of the Company is production and sale of cement. The Company is a subsidiary of Kohinoor Textile Mills Limited (“the Holding Company”).
The total number of shares of the Company are 1,098,346,232. The Earnings per Shares of the Company is (5.30) in 2020 which was 2.47 in 2019. The Profit After Taxation in 2020 is (4,843,265,000) which was 146,529,000 in 2019.