Karachi, Shabbir Tiles and Ceramics Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 22, 2022.
The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2022 which portrayed a profit of Rs. 44,800 with earnings per share 0.19 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Shabbir Tiles and Ceramics Limited was incorporated in Pakistan as a public limited company. The Company is primarily engaged in the manufacture and sale of tiles and trading of allied building products.
The Company is also a member of Karachi Chamber of Commerce & Industry, All Pakistan Ceramics Tiles Manufacturers Association and Landhi Association of Trade & Industry. They had a wide range of sizes, colors, and designs in Porcelain and Ceramic tiles and other allied products, conforming to high-quality standards of durability and aesthetic values.
The Company is listed ok Pakistan Stock Exchange with the total numbers of shares that are 239,320,620. The Earnings per shares of the Company is (1.36) in 2020 which was 0.98 in 2019. The Profit After Taxation in 2020 is Rs. (325,774,000) which was 234,341,000 in 2019.