Material Information of Pakistan Engineering Company Limited

Karachi, Pakistan Engineering Company Limited informed Pakistan Stock Exchange that Mr. Mohammad Hassan lqbal has appointed as Managing Director of the company. The Board of Directors of the company in its meeting held on October 14, 2022 ratified the aforementioned appointment.

“Pakistan Engineering Company Limited is principally engaged in the manufacturing and sale of engineering products. The major products of the company are electricity transmission and communication towers, electric motors, pumps and steel rolled products etc.

The total number of shares are 5,690,200. The Earnings per shares is (12.29) in 2018 which was 11.73 in 2017. The Profit After Taxation in 2018 is (69,956,000) which was 66,734,000 in 2017.”