Karachi, Murree Brewery Company Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 25, 2019.
The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2019 which portrayed a profit of Rs. 324,914 with earnings per share 11.75 basic and diluted respectively.
Further, 50% payment of cash dividend, bonus shares and right shares was agreed.
Furthermore, the share transfer books of the company will remain closed from May 14, 2019 to May 20, 2019 (both days inclusive).
Muree Brewery Company Limited is a company incorporated in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. The company was categorized as a public limited company in February, 1861. The stocks of the company are quoted on the Karachi, Lahore and Islamabad stock Exchanges of Pakistan. The registered office of the company is situated in Rawalpindi.
The company is principally engaged in the manufacturing of Pakistan Made foreign Liquor, Alcoholic Beer, Non-Alcoholic Beer, Non-Alchoholic products which include juices in tetra packs in Rawalpindi and food, products, juices, mineral water, glass bottles and Jars in Hattar. The product distribution of the company comprises of three divisions namely Liquor Division, Tops Division and Glass Division to carry out principle activities of the business.
The symbol “MUREB” is being used by the stock exchanges for the shares of Murree Brewery Company Limited.