Karachi, Pak-Gulf Leasing Company Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on November 15, 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. 146,979,027 with earnings per share 5.79 basic and diluted respectively.
Further, 10% payment of cash dividend, bonus shares and right shares was agreed.
Furthermore, the share transfer books of the company will remain closed from December 09, 2022 to December 15, 2022 (both days inclusive).
“Pak-Gulf Leasing Company Limited was incorporated in Pakistan on 27 December 1994 as a Public Limited Company and commenced its operation on 16 September 1996. The Company is principally engaged in the business of Leasing.
The total number of shares are 25,369,800. The Earnings per share is 0.43 in 2020 which was 2.54 in 2019. The Profit after Taxation is 10,894,000 in 2020 which was 64,378,000 in 2019.”