Karachi, Systems Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on March 29, 2019.
The agenda of the meeting was discussion of consolidated profit and loss account for year ended December 31, 2018 which portrayed a profit of Rs. 1,061,283,280 with earnings per share 9.56 basic and diluted respectively.
Further, 20% payment of cash dividend, bonus shares and right shares was agreed.
Furthermore, the share transfer books of the company will remain closed from April 20, 2019 to April 26, 2019 (both days inclusive).
Systems Limited is a global leader of next-generation IT services
and BPO solutions. Ever since its inception in 1977, the company has evolved
and taken center stage in information and technology by providing computing
strategies and solutions to Government and Private Organizations.
With three decades of experience and IT evolution, they have accomplished above
500 projects completed in the US, Pakistan, Middle East and Africa. They excel
at delivering business solutions to a huge list of clients from diverse
industries that also includes several names from the Fortune 500. Their
offshore facilities established in the US, UAE, UK, and Pakistan, comprise of
over 2,500 customer-focused employees providing a great customer experience.
Systems Limited serves to enrich their productivity by guaranteeing that their
core business functions work faster, cheaper and better. Using ability to
conceptualize, they design, innovate, and implement with the latest and
advanced tech proficiencies, hence enabling clients to metamorphose their
legacy models and take their business to the next level.
The symbol “SYS” is being used by the stock exchanges for the shares Systems
Limited.
