Karachi, SFL Limitedinformed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 22, 2018.
The agenda of the meeting was discussion of consolidated profit and loss account for quarter ended December 31, 2017 which portrayed a profit of Rs. 115,332,390 with earnings per share 5.74 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
SFL Limited the Holding Company was incorporated as public limited company on April 26, 2010. The foundations of the company are laid under the Companies Ordinance, 1984. It is a wholly owned subsidiary of the company SFL Corporation (Private) Limited. It was incorporated in Pakistan on October 4, 2011 as private limited company. The main business of the holding company is to invest in the shares of Associated Companies and other business as per the Memorandum of Association of the Holding Company. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the Company is located at Karachi.
The symbol “SFLL” is being used by the stock exchange for the shares of SFL Limited.