Financial results of Trust Securities and Brokerage Limited for Year ended June 30, 2021

Karachi, Trust Securities and Brokerage Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on September 17, 2021.

The agenda of the meeting was discussion of profit and loss account for year ended June 30, 2021 which portrayed a profit of Rs. 88,027,609 with earnings per share 2.93 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 22, 2021 to October 29, 2021 (both days inclusive).

Trust Securities And Brokerage Limited was incorporated as a Public Limited Company on October 19, 1993. The principal activities of the company include brokerage of shares, stocks, equity and debt securities, commodities, forex and other financial instruments and corporate financial services. The company is also engaged in trading in equity and debt securities on its own account through ready, spot and forward counters of the exchange.

The total number of shares are 30,000,000. The Earning per share is 1.16 in 2020 which was (0.78) in 2019. The Profit after Taxation of the Company is 34,891,000 in 2020 which was (23,436,000) in 2019.