Karachi, Olympia Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on October 04, 2022.
The agenda of the meeting was discussion of profit and loss account for Year ended June 30, 2022 which portrayed a profit of Rs. 242,661,817 with earnings per share 20.22 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Furthermore, the share transfer books of the company will remain closed from October 21, 2022 to October 27, 2022 (both days inclusive).
“The company was incorporated in Pakistan as a public limited company on October 28, 1960. The principal line of business is renting / leasing of company’s fixed assets. The principal line of business of the company is renting / leasing of company’s fixed assets. The registered office of the company is situated Karachi.
The Company has quoted its shares on Pakistan Stock Exchange Limited that are 12,000,000 in numbers. The Earnings per shares of the Company is 5.93 in 2020 which was 4.33 in 2019. The Profit After Taxation is 71,134,000 in 2020 which was 52,001,000 in 2019.”