Karachi: Ghandhara Automobiles Limited has announced its financial results for the first quarter of 2025. The company's Board of Directors approved the unaudited condensed interim financial statements during a meeting in Karachi on April 19, 2025. The financial statements cover both standalone and consolidated accounts for the period ending March 31, 2025.
The Board has decided not to declare any cash dividends, bonus shares, or rights shares for this period. Additionally, there will be no other entitlements or corporate actions, nor any price-sensitive information disclosed at this time. These decisions reflect the company's current financial strategy for the initial quarter of the year.
According to information available from the Pakistan Stock Exchange (PSX), the company's quarterly report for the period ending March 31, 2025, will be disseminated through PUCARS in accordance with the designated market category guidelines.
The financial statements have been appended as Annexures "A" and "B" respectively, providing detailed insights into the company's financial status. Stakeholders and members of the exchange have been informed to refer to these documents for further information.
The Board's decisions regarding dividends and share issuances suggest a cautious approach in the face of the company's current financial position for this quarter.